-Touch the daily Trend lines
-Fake Brakes And Back To The course
-Wating until pullback ! And complete the right shoulder
Pattern : H&S
Trend line : ascendant
The first target is : 1.62500
Second target :1.63000
Potential profit will be in 5 times bigger then risk.
Market printed a harmonic (BAT) pattern on the Daily. Market broke daily TL and printed a bullish impulse followed by a flag retraced to 50-61.8% zone. The buy is executed when market broke TL of flag and H1 MACD crossed over.
Euro could collapse due to Italy and France my bias is short for this pair or in reality most of the pairs with the Euro . After the President Draghi announce his future plans for the Euro its was an obvious move what will happen next.