Hello Traders, I am back from my vacation and happy to come back here.
So here on
EURUSD
we have a potential 3 drives pattern with perfect fibs ratios. The pattern should finish @1.1110 around the daily S1.
Besides, if we look left we see nice structure support zone right at the buying area.
Regarding the targets we have 2 potential target zones, and its up to you which one you focus on. Both targets are potentially achievable.
Take into mind that we are in bearish market right now.
Wish you a good trading day.
So here on
EURUSD
we have a potential 3 drives pattern with perfect fibs ratios. The pattern should finish @1.1110 around the daily S1. Besides, if we look left we see nice structure support zone right at the buying area.
Regarding the targets we have 2 potential target zones, and its up to you which one you focus on. Both targets are potentially achievable.
Take into mind that we are in bearish market right now.
Wish you a good trading day.