A few days ago I mentioned EurUSd will drop to low 1.35 and possibly 1.3480 zone tradingview.com/v/e9aSLQb5/ well it didn't go as far as 1.3480 however it did go low 1.35 and I have cashed in my all my trades on EurUSD. Now looking at One 2 One Pattern going side way @ 0.618 for last 3 days. Possible reversal to 1.27 Fib of BC leg two trade targets 0.618 and 1.27 Fib of BC leg Stop loss @ 50-80 pips above C WE NEED A BIT MORE OVER BOUGHT FOR REVERSAL Support and resistance lines support the reversal
GOOD LUCK ALL happy trading
PS/ I will Have buy orders on h4 chart R & S levels for any unexpected reversal (check your money management before adding buy orders as well)
Comments
imaxcare
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THANKS for your chart...yes...it will work....i have already have short order open 13640...n place other short at 13670...for target as shown by you 13460 .. even i have place buy order at 13460...
KathysTheStockGal
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Yes Great Idea. Just found a Crab pattern on hourly chart I just posted it. Good luck