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EURUSD 1 day Bearish Shark & Bearish Deep Crab

104
Hi all,

That is not investment advice
EURUSD has three pattern two of them are harmonic pattern and one of them is inverted head and shoulders pattern

1. Bearish Shark
0.886XA a.k.a 0.8860B 1.23089
2.0BC a.k.a 2.0 AB 1.23536

2. Deep Crab
price action has already extended 1.618XA and 3.618BC it means that stock is overbought
1.902 is the last barrier 1.22698

3. inverted head and shoulders
Price action has already extended 1.618 line it means that stock is overtbought
Neckline 1.19177
Handle target 1.209
Cup target 1.22329

Conclusion
Between 1.20528 (1.618) and (1.23536AB) (green cycle) is Potential Reversal Zone. that is overbought area
Shark and Deep Crab are extremely powerful harmonic pattern it means that dramatically sharp reversal from Potential Reversal Zone

Trade with care
Harmonic Trader.

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