EUR/USD LONG

26 בנוב׳ 2018

as well as the head and shoulders pattern I posted yesterday, at the point of the right shoulder, is a 618 retracement and a 1414 extension overlapping nicely, also an abcd pattern finishes in the same area, the yellow box is where ill be looking for a long opportunity, Rsi is also becoming overbought, a cypher pattern c leg is also near the zone, we patiently wait to see if we can get long. At D point on cypher is a very sensitive zone and this is where we could see a pull back before heading higher, or potentially have a false break of trend line and follow down.