1.3335 is completion of butterfly 4 hr chart and corresponds to 1.618 extension from AB swing (1.2750 to 1.3200) as we know EURUSD usually get its targets and currently already above 1.27 extension, we have Monthly resistance 1 and weekly Resistance 2 in between. I would look to see whether this butterfly works (in this case we could be looking to a 38% or 50% retracement) if it fails (when butterflies fail, they fail miserably) I would look at the implications of a breakout of flag on Monthly as the month is about to end in a week time and focus on my next target 1.43 weekly butterfly and ABCD pattern as I posted last week. I will post some charts when I have the chance. Have a good day.
We watch the charts from every angle so you don't have to!!
i'll get it one day. as long as account is increasing its all good short eurusd from 3294 playing a fade back into the 75/68 zone if breaks there shooting for 50/55 honestly momentum is strong and could still reach 1.3330 or even 1.3360... but i will short from there too if stopped out here...
Morning dude... It is exactly what is happening right now. Short @1.3286 not because I think it will go down but just for good sport. Fooking yuro...!