JoMarshall
Short

What Next For The EURUSD? (VIDEO)

FX:EURUSD   Euro Fx/U.S. Dollar
I mean I hate to brag but sometimes you're good YOU'RE GOOD. I posted a chart on this pair a month ago saying i was going long all the way to the bat pattern completion (see attached chart). Well, we are not yet there but boy we came really close *phew*. Now the market has retraced a little bit and we are currently sitting on a minor support so i would expect a trend continuation trade from here back in to at least the previous structure high or preferably to our bat pattern completion which sits just 10 pips over the previous structure high, we also have a 1.618 fib extension around the bat pattern potential reversal zone. However, if we do break the current minor support then expect a pull-back and look for a potential head and shoulder pattern. Regardless of what happens, this pair is short waiting to happen.

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What do you see when you look at a chart?

https://www.youtube.com/watch?v=rEFGjKgTIKs&feature=youtu.be

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Related Ideas

dylan247
11 months ago
Top analysis Jo
+1 Reply
JoMarshall dylan247
11 months ago
Thanks bro.
Reply
ryanchump
11 months ago
Very clear, nice work Jo
Reply
JoMarshall ryanchump
11 months ago
Cheers Ryan
Reply
TPittard
10 months ago
Hey Jo,

I agree Top analysis, what next?

Now its on target i'm looking at a short opportunity...

what are your thoughts?
Reply
stomeg01
10 months ago
great analysis.
Reply
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