EURUSD: Did Wave C Just Start? Bull Bat TP1+TP2 Hit (+222 pips)

FX:EURUSD   Euro Fx/U.S. Dollar
913 7 15
No sooner can I click the button to close 70% of my LONGS from the bull bat positions than the market goes nuclear!!! Aaaarrrrggghhhh! If I had just waited another few minutes.....oh, well. Can't complain about making profits though.

So this pair has now hit both the TP1 and the TP2 of this bullish bat that was completed. It seems that the .707 retrace within the Goldilocks Zone and also the extended 2.24 AB=CD targets were enough to trigger the bull move. So is this the beginning if the wave C up I have been talking about and being so patient waiting for almost a WHOLE MONTH now? YES! It could very be. At least I am now playing it that way. I still have my LONG positions that I started to build back from the H&S pattern on the previous wave up that was the bottom of this contracting triangle consolidation I had mentioned back 30 days ago was a possible scenario. Here's an updated look at it and what I am expecting:

I'll do a full analysis this weekend and post it. But for now, if you are with me....ENJOY THE RIDE! And stop doubting the Power of Patterns!
MTD REAL Documented Results: over +2000 pips PROFITS!
Want more profitable forecasts like this? Want the FULL report on this and other pairs? Subscribe and get them! Go here. Get 50% off NOW!: http://bit.ly/2nJ0MoP
Hahaha..that was an awesome trade. Both EURUSD and USDJPY. Amazing! :)
Thanks! Hope you caught that along with me on the EURUSD! But, I gotta admit, I dropped the ball somewhat on the USDJPY though. I was actually expecting it to head up some. But luckily, I wasn't in any trade in that pair because it has in inverse correlation to the EUR and I was LONG in that pair. Sometimes, correlation can keep you out of trouble! Good luck rest of the way! It's a wave c up now and still gots a way to go!
Josphat89 EverythingForex
Thanks...Wave C it is!! Enjoy the ride:)..I am bearish on USDJPY for a while.
EURUSD 4hr Gartley

you might not want to miss this gartley 4hr.
+1 Reply
looks like your 78.6 is still valid if looking at the gartley tho
Its been a great ride today..thanks for the analysis
Your strategies are useful. Thanks a lot
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out