Bearish AB=CD - Intra day EURUSD
Hello.
We have 2 AB=CD patterns in this chart. both of them are bearish but the amount of drop isn't that much. about 400 to 700 points. good scalp for those who trade in 1h-4h time frames.
still, the long run target is 1.16
I advise you not to put a lot of your money against the trend but a little.
As of my previous analysis that I shared here, the good news about Brexit or Eurozone came out last week and this week we're going long because of midterm election results.
P.S: If you wanna get a long position on EURUSD, I guess 1.144 would be a nice spot.
We have 2 AB=CD patterns in this chart. both of them are bearish but the amount of drop isn't that much. about 400 to 700 points. good scalp for those who trade in 1h-4h time frames.
still, the long run target is 1.16
I advise you not to put a lot of your money against the trend but a little.
As of my previous analysis that I shared here, the good news about Brexit or Eurozone came out last week and this week we're going long because of midterm election results.
P.S: If you wanna get a long position on EURUSD, I guess 1.144 would be a nice spot.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.