Reversal XABCD pattern up to 1.2200
SL should be below Daily candle of 1.20 or 1.1980 zone.
Medium to high risk - we could drop 1 more leg down before a reversal should we not break above 1.2080 by end of Europe tomorrow.
On Hourly we have a left shoulder into a drop making a head formation with an adam and eve pattern. There is a lot of volatility here around this zone with impulsive buying strength.
GL and trade with risk management as always. Doesn't matter how much you lose as long as your winners out weigh your losses every quarter! :D Thanks all enjoy and let me know what you think!
SL should be below Daily candle of 1.20 or 1.1980 zone.
Medium to high risk - we could drop 1 more leg down before a reversal should we not break above 1.2080 by end of Europe tomorrow.
On Hourly we have a left shoulder into a drop making a head formation with an adam and eve pattern. There is a lot of volatility here around this zone with impulsive buying strength.
GL and trade with risk management as always. Doesn't matter how much you lose as long as your winners out weigh your losses every quarter! :D Thanks all enjoy and let me know what you think!
Trade closed: target reached