EJ sell opportunity, its at a major support level now if it breaks and retest we will ride the trade downtown to fibo level 128.055
this pair is near completion of the abcd pattern for over 200 pips.
gcad has broken a support area and restested this trade could make its way down to the 1.66608 fibo level.
eurusd short opportunity off of the abcd pattern. its at the resistance level now, if it holds we could see it go short to a fibo level.
gj is near pattern completion off of the abcd. we are looking for a retracement after that to the 382 or the 618
gbpchf is near completion off of the abcd pattern. we will look for a fibonacci retrace of .382 or .618
eurusd pattern completion off of the abcd pattern. Now we are looking for a retracement to the .382 or the .618, then another abcd pattern for a sell, if it holds.
Possible long trade off of the ABCD PATTERN.
Possible sell opportunity of off the ABCD pattern.
eurusd has almost completed the abcd pattern on the 4hr. chart. The D completion is at a major support area 1.15492. It may bounce off this area and retrace back up to the fibonacci .382 which is also near our trendline resistance area. We are looking to take a buy trade off the 1.15492 area and ride it up to the fibonacci .382 area where it may bounce off and go short.
Possible sell off of the ABCD pattern. After hitting the D point we could see a retracement back up to the 38.2