trading4freedom
Long

EURUSD: realtime trading opportunity (Cypher/ABCD/Fib)

FX:EURUSD   Euro / U.S. Dollar
Hi Freedom Traders,

I spotted a pretty good trading opportunity in the 4h EURUSD             chart.

Why do I like this swing trading idea?

Well... a Cypher Pattern completion,
an AB = CD Harmonic Pattern
and a 61,8 Fib confluence from the bigger timeframe up swing
coming together in a very small price zone of just 7 pips.

You will find possible entry und exit levels for minimizing risk and maximizing profits in the chart.

Happy Trading!

P.s.: the entry level is also going to be my profittarget 2 level for my short swing trade in the Euro             from 1,0812
Trade active
Comment: Nice impulsive move towards our profit targets :-)

I will keep updating this idea...
Comment: Profit Target1 reached: +111pips :-)

Congrats to everyone who could profit from this trading idea!
Trade closed: stop reached: +-0 for 2nd position (+111 1st position)
awesome entry, falling short of TP 1 but there's some declining line resistance thats why

https://invst.ly/3a0fj
Reply
@cals, thank you. The magic of harmonic patterns... let´s see how the trade works out...
Reply
You are on fire! Nice work!
+1 Reply
@SharkbaitAl, thank you. Just trading my plan ... :-)
+1 Reply
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