EUR/USD - Current View

FX:EURUSD   Euro / U.S. Dollar
59 0 1
Firstly we see a double top with bearish divergence which signals a reversal to the downside
We then see a bullish gartley awaiting completion at the D leg (1.272 fibonacci extension of A-B leg
Resistance has become support (white rectangle ) and the price is currently not able to break it so we will most likely see a bounce which will result in a small pullback
The ichi cloud is also acting as support which further suggests we will see a small pullback
Yestserday's candle closed as a pinbar testing the support level which signals a small pullback to the upside

When the bullish gartley has completed the targets will be at the 0.5 fibonacci level made from X-A around the 1.10 level
Stop loss will not ust             be below the X leg but also below the swing low which makes the stops safer
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out