Cristina_Bruno
Long

EUR/USD ABCD Bullish pattern

FX:EURUSD   Euro / U.S. Dollar
EUR/USD ABCD Bullish pattern

Hello traders,

this is my first idea.
Looking at my analysis, you can see that the A leg seems to be completed, touching the B point on the black Fibonacci level at 1.09401. We'll wait for the retracement on the C point, at 1.08704, to boy long, looking for the point D on the next Fibonacci level.
Wait for the confirmation on multiple timeframes and always use Stop Loss.

Good trade!
Comment: The B point seems to be around 1.09800.
If the double top on the Fibonacci blue line is confirmed, we've got a great sell opportunity looking for target C.
Comment: We're waiting for the D leg now.
The B point seems to be moved up around 1.10250, and C point, if confirmed, on the black Fibonacci line.
Beware of fake signals and always use Stop Loss.
Comment: D leg not completed, the bullish impulse seems ended.
We're looking for short opportunities now.
Stay tuned for my next analysis!
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