KVE
Long

EUR/USD: Possible reversal levels based on S/R and harmonics

FX:EURUSD   Euro Fx/U.S. Dollar
208 1 8
We went down as expected based on the flag structure I mentioned in my previous idea. Still some room to move further down...

BOJ news in about 4hrs... If EUR/USD             goes further down the levels as depicted by the circles on chart are to be considered for longs...
Look for confluence of oversold situation and/or ending structures on this and lower TF's in the neighbourhood of these levels...
Comment: First level gave us a good reaction, let's see if it sets through, switch to lower TF's to find trade opportunities!
snapshot
Comment: Update: Short-term traders who took the long from the initial idea should consider taking (partial) profit...
Longterm traders keep longs.
If we don't break upwards soon then I will be looking for a triangle formation...:
snapshot
eu great!
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