We are at D point of a Bearish Black Swan pattern and at a C leg of an Emerging Bullish Navarro 200 pattern. EURUSD will start a down ward move to the D point of the Navarro pattern. Case for a shortL 1. Resistance 2. 619 Fib Retracement 3. D point of Bearish Black Swan pattern 4. C point of a Bullish Navaro 200 pattern
We are at a C point on 2 possible harmonic patterns right now (Bullish Black Swan and Bullish Shar) I'm going to try to ride this from point C to D of both patterns and then take it back up as the patterns complete. Will update the TP and SL for D point trade once we get there. Happy Friday everyone!!