Price is forming a potential ABCD pattern near 1.200 also FIB extension 161 and Fib extension one to one, which makes a nice ABCD pattern, with the ECB new is due later today we should expect EUR to have some violently, it will be interesting to hear what the thinks of the EUR weakening.
i would like to see a drop to 1.200 where I will be watching this pair to see if it will provide a valid high probability entry that meets my rules for a good risk to reward trade.
If you like this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Also, let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀ -disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀ -⚠ please note this is just a prediction and i have no reason to act on it and neither should you
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.