Reitak

Moves next week

Reitak Updated   
FX:EURUSD   Euro / U.S. Dollar
This is mix of my previous charts + forecast about next moves.

1. We was in symmetrical triangle (dotted lines) with breakout bottom and headed up

2. On up way we have 2 big indicators Inverse Head and shoulder (red arrows) and cup and handle (cyan). All this 2 I post on previous chart and going well. But as you see, we are on necklace area, so depend if break or not.

3. As you see with dotted lines of triangle, we can have possible next target cross this lines + up trend (yellow) to 1.1675 and then will see if this hold (yellow range top + cross lines) and we can fall down 200-300 pips or if it break to pink area (1.173 - 1.175) what is strong and fall from there.

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So for now i see this moves :
Possible from cmp down to 1.159 - 1.160 (yellow range bottom) and again attempt top 1.163 and if break then up to 1.1675. So BOED with SL under 1.159.
If we go down and break 1.159 then this chart no valid and 200 down.
Trade active:
for now going grea and tp in yellow area still valid 1.158-1.159 ... under 1.158 we will headed down, but i think, it will hold and we can BOED now sl under 1.158
Trade active:
we hit bottom per chart and now headed up to 1.1675, then expect fall
Trade active:
going perfect !!!!
Trade active:
1.1675 another TP HIT !!

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