My favorite pick eurusd is about to form a perfect bullish butterfly @ 1.057 but taking in consideration that we are in front of December and a lot of important decision will be released I will wait the pattern to be fully completed before entering a trade. I always tend to take in consideration the "Black Swan" effect that can change everything in just a moment....
Daily chart eurgbp is about to form a bearish butterfly Waiting for "C" leg price to touch 0.68 and then go up toward "D" price target.
With the euro moving within the channel in red lines and wave 5 to be completed, I think its a sell moment to go short max @ 1.066 ps: We must take also in consideration the EU CPI m/m to be released in 40 minutes and "Super Mario" of course speaking in 1 hour !!!
another cypher pattern after the retail sale data published just some minute ago... fibonacci retracemetn level 0.764 touched and now targeting for 1.083 in the next hours
bullish cypher pattern to be completed around 11 AM @ 1.071
With the neck line at 1.08 in the next days I expect the head and shoulder pattern to be completed for next target 1.05 !!!
cypher pattern to be completed @ 0.66 and then buy
looks like the euro could not break the 1.103 and now is heading down again.
On a fib retracement and a double curve next bounce probably will stop at 1.09, let's see what will happen !!!
Lets hope the bat pattern is completed and sell with TP around 1.10 ...
Hi there, Im drawing a three drive pattern, what do you think ?