Fxprotrader
Short

EURUSD Bearish AB=CD Completion At Key Level

FX:EURUSD   Euro Fx/U.S. Dollar
Hey traders, back from summer holidays, and altough i will go full time from Monday i decided to take a look in the charts to see if there is anything interesting in the markets. In EURUSD             we have the completion of a bearish AB=CD at a key level where the 0.618 retracement and a previous support, now resistance uptrend create a strong zone.

Stoploss and profit targets as shown in the chart. If price reaches the first tp, we may move stoploss to breakeven at the second position.

Comment: Bearish AB=CD Pattern:
snapshot
Comment: A quick update guys.. Price has broken below the uptrend which is good news for those who are in this trade
snapshot
Comment: This setup is working great till now but we may make it even better. Price is now correcting and we may sell the breakout and trail our stops. If you don't know how to trail, just place your initial stoploss at breakeven

snapshot
Trade closed: target reached: Move stoploss to BE at second position
you mean end of bullish! ab=cd
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justTRADEit justTRADEit
oh, by the way, welcome back...
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Fxprotrader justTRADEit
Thank you mate :)
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Yes thoroughly agree with you, make 72 this morning long, now good to go short. Thank you
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welcome back from your holiday.

thank you for always post amazing prediction.

also thank you for EU chart
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You are welcome mate ;)
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