PavanKulkarni

EURUSD - Bullish Crab

Long
FX:EURUSD   Euro / U.S. Dollar
A bullish crab is in the formation on EURUSD....

Looking for entry at 'D' (1.618 of XA leg), where, it can also be observed that the entry point rests on there previous structure....
T1 - At the level 'X'...
T2 - At intermediate resistance i.e. Point 'B'...

Note: The pair is at the 2014 lows and hence pattern may not react strongly and the price may rebound of the year lows into a bear trend....

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