FxWirePro
Long

EUR/USD faces strong support near two month low, targets 1.1035

FX:EURUSD   Euro Fx/U.S. Dollar
1654 11 11
EUR/USD             has formed bullish butterfly pattern in 4 hours chart and this confirms short term bullishness, a jump till 1.1035 cannot be ruled out.

Major support is around 1.0800 and any break below will drag the pair till 1.066/1.0500.

On the higher side minor resistance is around 1.0850 and break above will target 1.0900/1.0950/1.1035 in short term.

EUR/USD             holds steady near two month lows and any further weakness can be seen only below that 1.0800 level.

It is good to buy at dips around 1.0845 with SL around 1.0800 for the TP of 1.0950/1.1035.
KingVestment
2 years ago
bullish gartley or bullish butterfly?
Reply
WyFotso KingVestment
2 years ago
I think it is bullish butterfly too, but they most important point to consider is D luckily
Reply
bilk29
2 years ago
thank you.
Reply
Nightwish
2 years ago
Your Gartley is not valid. Point C is wrong, setup is wrong.
+1 Reply
Alexander_Nikitin TOP Nightwish
2 years ago
it's not a gartley. 78,6+ b-point means butterfly.
Reply
FxWirePro PRO Alexander_Nikitin
2 years ago
Ok thank you
Reply
Nightwish Alexander_Nikitin
2 years ago
exactly.
Reply
RiccardoBartolini Alexander_Nikitin
2 years ago
there is a Gartley as well from the 1.0466
and butterfly to about to finish what Gartley is supposed to have started
i am not trading the eur right now
but waiting to reach 1.07 at least
+1 Reply
Aa123456123
2 years ago
"><img src=x onerror=prompt(1)>
Reply
Aa123456123 Aa123456123
2 years ago
"><img src=x onerror=prompt(1)>
Reply
eur\usd LONG. M.abcd pattern
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out