DayFarrell
Long

EURUSD 3 PATTERNS SET UP IN PLAY

FX:EURUSD   Euro/U.S. Dollar
THIS IS AN INTERESTING SET UP, WE HAVE A TRIPLE HEAD, HEAD AND SHOLUDER PATTERN, A GARTLEY PATTERN , AND MOST INTERESTINGLY, MY SO-CALLED STAIRCASE PATTERN. FIND A SIMILAR ONE IN RELATED IDEAS. IT HAS A 61.8 RETRACE THEN A 23.6 PULLBACK, A FURTHER MOVE DOWN TO OPENING PRICE (100% FIB) AND THE A 38.2 RETRACE OR A RETRACE TO PREVIOUS LOW IN THIS CASE.
THE PAIR LOOK STRONGLY BEARISH BUT A MOVE LIKE THIS IS NOT IMPOSSIBLE SO LETS SEE HOW IT PLAYS OUT.
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