Tag - eur

EUR/USD: bullish
EUR/USD: bullish "Engulfing"

The 55 MA has acted as support, so we've got a bullish "Harami" on this line. However, there's also a "Shooting Star" pattern, so...

EUR/USD: price still consolidating
EUR/USD: price still consolidating

There's a possible double zigzag pattern in wave (b), so we've got a bearish impulse in wave i. Therefore, we're likely going to...

EUR/USD: bullish
EUR/USD: bullish "Pennant"

The price is consolidating near support at 1.1801. Also, there's a "Pennant", so the market is likely going to move up towards...

EUR/USD: developing zigzag
EUR/USD: developing zigzag

There are a bearish impulse in wave i and a zigzag in wave ii. So, there's an opportunity to have wave iii of (c) soon. In this case...

EUR/USD:
EUR/USD: "Double Bottom" pattern

The main intraday target is the nearest resistance at 1.1846 - 1.1875. If a pullback from this area happens, there'll be an opportunity to have...

EUR/USD: developing wave [iv]
EUR/USD: developing wave [iv]

We've got a double zigzag in wave (b) and a bearish impulse in wave i. It seems like wave ii is going to end soon, so we could have...

EUR/USD: bullish
EUR/USD: bullish "Harami"

All the Moving Averages have been broken, also there's resistance by the last "Three Methods" pattern.

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