DEAR FOLLWERS/TRADERS
I HAVE FOUND SOME CHART PATTERN FOR YOU.
ACCORDING TO THE CURRENT SCENARIO OF EURUSD PRICE IS LIKELY TO RETRACE FROM POINT "B" BEARISH BAT TO COMPLETE THE RETRACEMENT LEVEL OF 38.2% - 50% FOR COMPLETION OF POINT "C"
INSIDE THE BEARISH CHANNEL,PREVIOUS PATTERN OF FALLING WEDGE HAS COMPLETED ITS TARGET ZONE WHERE ITS TARGET WAS ON THE RESISTENCE LEVEL OF 1..0710 BUT PRICE REVERSED FROM 1.0678
LEVEL
IF PRICE APPROACHES THE LEVEL OF 1.0590,THERE IS EXPECTATION OF UPTREND AND TOUCH THE LEVEL OF 1.0750, 1.0800.
KEY LEVEL
POTENTIAL SUPPORT
1.0590
1.0450
1.0340 PRZ(POTENTIAL REVERSAL ZONE)
POTENTIAL RESISTENCE
1.0710
1.0750
1.0800 PRZ(POTENTIAL REVERSAL ZONE)
I HAVE FOUND SOME CHART PATTERN FOR YOU.
ACCORDING TO THE CURRENT SCENARIO OF EURUSD PRICE IS LIKELY TO RETRACE FROM POINT "B" BEARISH BAT TO COMPLETE THE RETRACEMENT LEVEL OF 38.2% - 50% FOR COMPLETION OF POINT "C"
INSIDE THE BEARISH CHANNEL,PREVIOUS PATTERN OF FALLING WEDGE HAS COMPLETED ITS TARGET ZONE WHERE ITS TARGET WAS ON THE RESISTENCE LEVEL OF 1..0710 BUT PRICE REVERSED FROM 1.0678
LEVEL
IF PRICE APPROACHES THE LEVEL OF 1.0590,THERE IS EXPECTATION OF UPTREND AND TOUCH THE LEVEL OF 1.0750, 1.0800.
KEY LEVEL
POTENTIAL SUPPORT
1.0590
1.0450
1.0340 PRZ(POTENTIAL REVERSAL ZONE)
POTENTIAL RESISTENCE
1.0710
1.0750
1.0800 PRZ(POTENTIAL REVERSAL ZONE)
Kommentar:
first target achieved 1.0590
