Food4Thought

EU H2 Harmonic Support Test

FX:EURUSD   Euro / U.S. Dollar
2
Short @ 1.3133 with reduced risk exposure since entry was very late.
Target 1: AB=CD
Target 2: 1.27AB=CD
Target 3: 1.618AB=CD

Long entry will be established at the 0.886 fib assuming price gets there, presumably will a little help from Big Bad Ben.

This trade should ideally look to test the low placed at 1.2750 and fail en-route, signalling bullish intention; presumably as QE cannot end overnight, so dollar weakness should persevere.
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