Inizia
Tickmill

EURUSD forming a bearish bat formation, look for the reversal!

Short
Euro / Dollaro (FX:EURUSD)  
Tickmill Broker  
FX:EURUSD   Euro / Dollaro
Trend Analysis Harmonic Patterns Chart Patterns EURUSD eurusdshort eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdoutlook eurusdtrade
100
3
trendanalysis harmonicpatterns chartpattern eurusd eurusdshort eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdoutlook eurusdtrade

EURUSD has started to form a really strong reversal signal at 1.2058 (Fibonacci retracement, bearish bat harmonic formation, swing high resistance, bearish divergence, bearish price action) and all these point towards a potential drop towards 1.2011 intermediate support (38.2% Fibonacci retracement, horizontal pullback support) before 1.1972 major support (61.8% Fibonacci retracement, horizontal pullback support).

Stochastic (34,5,3) is seeing major resistance below 97% and a potential corresponding reaction could occur at this level.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.