EURUSD weeekly analysis
here is what i am looking at for the week with regards to the EURUSD.
I am going to continue to look at the long side until about the 1.18800 level. At this point I am going to keep my eye out for a reversal. This is where I have an AD=CD pattern completing along with the end of wave 5 of my EW count and the 1.618 extension of the current swing. Additionally, on the daily time frame I have a bearish Crab pattern forming at about this price level(will post this one next). this also coincides with my time and price swings from the beginning of the year and the US Dollar is extremely oversold (will also post).
I am going to continue to look at the long side until about the 1.18800 level. At this point I am going to keep my eye out for a reversal. This is where I have an AD=CD pattern completing along with the end of wave 5 of my EW count and the 1.618 extension of the current swing. Additionally, on the daily time frame I have a bearish Crab pattern forming at about this price level(will post this one next). this also coincides with my time and price swings from the beginning of the year and the US Dollar is extremely oversold (will also post).
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