harveygoldfx

BEARISH BAT pattern forming on EU

Short
OANDA:EURUSD   Euro / U.S. Dollar
Price has just given a shift bar off C and I expect it to rally towards the confluence of a D1 38.2 fib retracement and a 78.6 fib retracement of leg XA, to form point D. D1 is range bound, given that there is trapped volume to the left in a horizontal fashion at point X we will unlikely see price reach that order block. A strong sell at D is consistent with all these confluences.

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