X5
Short

EUR/USD H1 - Short setup

X5  
FX:EURUSD   Euro Fx/U.S. Dollar
536 16 13
On D1 chart, price is in range but pressuring the uptrend, a bearish bat pattern is still in projection (see link belaow). Bull divergence is present.

On H4 chart, a bearish ABCD pattern (blue) emerges and looks complete. Bearish divergence is present and just waiting for an entry.

On H1 chart, there is a bearish B-fly / Crab pattern in play, bear divergence is present and just waiting an enter point. If the pattern remains, a bullish shark pattern emerges, so it could be a good idea to target 1.0700

Related Ideas

X5
EUR/USD D1
X5 about EURUSD 2 10 months ago
bullcaglar
10 months ago
Hit point D
Reply
X5 bullcaglar
10 months ago
Wait for a reversal bar pattern...
Reply
OLIGARCH
10 months ago
x5 are you in already?
Reply
X5 OLIGARCH
10 months ago
Yes, after bear Harami pattern show up 1.0956
+1 Reply
OLIGARCH X5
10 months ago
Confused with TP now. I am heading to 0896.
Reply
X5 OLIGARCH
10 months ago
Well, is a good first TP. Look at the last Low (1.0868) if at this point, there is no divergence (STO 13,3,5), I would let the position open. If a divergence show up, you can do three things: close the position, move the SL to the enter point or close half of the position and move SL to enter point.
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OLIGARCH X5
10 months ago
So what is your TP in this case? No way 0700 it seems unreal for now.
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OLIGARCH OLIGARCH
10 months ago
This is what Iook at in my software, these are constant strong levels, monthly inclination points. http://postimg.org/image/r8pwr6v69/
This is how I will drive according to them.!
Reply
X5 OLIGARCH
10 months ago
It depend of what I see on the charts (H1 and H4) I take good confidence with divergences, and right now, I’m targeting 1.0868, then I will see if no bullish divergences show up (H4 or H1 chart) and decide what next… Even if a bullish divergence shows up before the first target, I have to make a decision of what to do.
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OLIGARCH X5
10 months ago
Ok, at least our TP's are close :D Nice confirmation.
Reply
jhakas
10 months ago
my view.. good for buy and sell..

Euro Buy & Sell Options from 1.0925 buy and 1.0974 Sell
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X5
10 months ago
TP1 and TP2 hit! Heading to probably last TP3 = 1.0788, bull divergence on H1, but not on H4 chart
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bullcaglar X5
10 months ago
Amazing call. Congrats
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X5 bullcaglar
10 months ago
Thank you!
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bullcaglar X5
10 months ago
By the way what do u think about Gold?
Reply
X5 bullcaglar
10 months ago
I'm not into gold, but it looks up to me, between 1104 and 1155
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