We've seen a bulling break above the CTL on the daily on this pair and if we drop down to the 4H TF we see a break and multiple retest of this line. I believe we will see a move up to test the previous highs and if the bulls have enough power perhaps even the 0.618 mark. As I've recently taken an interest in Harmonic Patterns I believe that this pair also shows...
THIS IS A BUYING OUTLOOK, HOWEVER OPPORTUNITY TO BUY HAS NOT PRESENTED ITSELF YET. PRICE HAS BEEN ON THE DECLINE FOR 8 DAYS STRAIGHT WITHOUT TAKING ANY BREAK. PRICE HAS RECENTLY CLOSED BELOW 127.00 ON THE D1. I AM LOOKING FOR A D1 PIN BAR FAKEY OR EVEN A H4 PIN BAR FAKEY CUTTING 126.00 - 126.5 REGION. PRICE MUST NEVER CLOSE BELOW 126.00 FOR 2 H4 BARS...
A bullish gartley is forming in this and other charts of Euro at this moment. Let's see the related ideas
eurjpy long support reach and also the patterns (not shown) on 4 hour chart