Nisse88

Nisse88

We see here a gartley pattern hitting the 78.6%. There is a perfect abcd hitting the 78.6% the bc leg is hitting the 1.618% there is also a three drive to a top pattern marked with blue. leg 3 to 4 expansion, ratio 1.272% is hitting the exact spot of the bc leg of the gartley. If the 1.2500 - 1.2520 doesnt hold we should see a new top in the EURUSD

Nisse88

we could be in for a smaller correction 4H chart is making a butterfly and making a reaction to the 1.382% On the 15 min chart we are making 2 three drive patterns marked with the blue lines Time cycle is also showing us some tops marked with purple. First ABCD will be target hitting the 50 procent at the level 1.2125 of the last big CD leg of the 4H...

Nisse88

Many patterns in same area hitting many ratios 4H chart ABCD pattern hitting 61.8% Gartley pattern hitting 61.8% Butterfly pattern hitting 1.272% Three drive pattern hitting 1.272% 5 min chart making butterfly pattern-->1.272% of 5 min butterfly hitting the 61.8% of 4H chart. SL can be put under 1.618% of the 5 min butterfly pattern to make risk as small as...

Nisse88

We are at a inportant level here... Many patterns in same area.. we got a gartley hitting the 61.8% on the big swing butterfly on the litle smaller swings hitting the 1.272%. At the same time we got a three drive to a bottom pattern hitting the 1.272% On the 5 min chart we got a butterfly... 1.272% equal to 61.8% SL can be put under the 1.618% of the 5 min...

Nisse88

lets see

Nisse88

Looks like we are in the top of the channel.. are we going down ?

Nisse88

looks like we are in the top of a trend channel goind down. we reached the 38,2 % retracemenet and top of channel in af down trend. carefull it wont go to 50% ore 61,8% retracemenet beofre going down in the buttom of the channel again.

Nisse88 Updated 

if we reach 61,8% retracement and see it start going down it could be a good short option

Nisse88

78,6% retracement reached. fibonacci reverse make us 3 tagets on 78,6%, 88,6% and last 127,2% Stop is on fibonacci retracement 88,6% what your guys think ?

Nisse88

what you guysa think ? are we going down ?