freizas69

freizas69

As we see EURUSD is in bearish state and now the price is trying to break resistance line. In my opinion if it will fail to do that, it should continue to go down, so I put sell stop on 1.05838 and if price reaches this level, my order will become active until it reaches 1.05332 tp. So overall 50.6 pips of profit and 2.13 Risk reward ratio.

freizas69 Updated 

The price is now forming bearish flag pattern and after the breakout it should continue to go down until the support level 1.05230.

freizas69

I Think that the the price should go up until resistance level 1.07068 (of double tops), because double bottom pattern has been formed. So my suggestion is to go long now.

freizas69

I think that the price is now going to complete head and shoulders pattern, so it should be good idea to come into this order of selling and taking profit of 132 pips. What do you think?