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Trading1to100

EURUSD SHORT COMING SOON

Short
Euro / U.S. Dollar (FX:EURUSD)  
Trading1to100 Updated   
FX:EURUSD   Euro / U.S. Dollar
7
0
BAT pattern coming to completion soon 886 level at 11465 on the 4 hr.

Downside Target = 11125-10825(38%-62%).
Comment:
Short term counter trade setup.
EURUSD has breached the 1hr trendline and now in a downtrend, however there is a 2nd support level which also is a gartley @786=12200, break below this level will trigger CRAB @ D= 11150 (162*XA).

snapshot
Comment:
EURUSD on the way to price target 11150 once 11200 is breached. break below the red line will target price between 11075-10950.

snapshot
Comment:
EURUSD is nearing a crab completion at 11150, break below 11150 then lower prices probable below 1.1000. upside resistance 11220-11235 or upto 11250-11265, however this is not required.
Fridays low 11166 could have completed the corrective move and a test of 11150 is also probable.
Close below 11150-11120 then downside, price zone for support:
11100-11075 or 11025-10990.

snapshot
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