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rkparadja

EURUSD Bullish 5-0 Monthly Chart

Long
Euro / U.S. Dollar (FX_IDC:EURUSD)  
rkparadja Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
Harmonic Patterns 5-0 Pattern Trend Analysis EURUSD
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harmonicpatterns 5-0pattern trendanalysis eurusd
This is a bullish 5-0 pattern, formed in monthly chart.
The first bounce from 50% retracement (around 1.1450) reached 38.2% retracement of February high to August low around 1.1800/1.1780 before the pair resume downtrend and reached AB=CD projection.
Stop loss below 1.1180.
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