Technical Analysis Eur Vs Usd



Tools Used 
  1. Fibonacci
  2. Support together with Resistance
  3. Pivot
Advance Pattern
  1.  double top
  2. ABCD Pattern
  3. Butterfly together with Bat
the merchandise that you lot tin laissez passer on the axe come across inwards the video is going down. nevertheless this merchandise has to induce got confirmation first.

Confirmation needed
1. if it volition non suspension out the Resistance or closed cost afterward suspension out. together with hence I volition brand a trade.
2. if it volition induce got rejection together with momentum going upwardly is fading I volition brand the trade
3. Since Stop lost is to a greater extent than than l pips, together with hence i could non apply advance setup. Ill endure observing this pair 
4. if everything is on reverse together with hence sick volition endure waiting for line dorsum on 1hr fourth dimension frame earlier accept trade. 

Pattern 
1. Butterfly which i prefer to merchandise the ABCD. the X signal is based on the Support together with Resistance together with pivot. which the entrancement is to a greater extent than than the requirement of Butterfly (AB must endure 0.716)

2. Bat blueprint is the total arm based on one solar daytime fourth dimension Frame which the completion of butterfly is just .618 retractment

3. ABCD blueprint on Butterfly induce got same entry signal on the extension of XA. which is the 127. spell the ABCD blueprint ends on 1.618 which is both induce got the same cost location. thats why this laissez passer on me around other confidence.

Note: 
MACD Cross over on 4hrs did non cross yet important adventure is silent high to become up,
RSI inwards 1hr shows that it accomplish the maximmum buyers hence at that topographic point volition endure selling anytime soon.
Be advice tendency is going upwardly merely it is giving huge potential to laid about on trading low.

Other Currency that is inwards my picket list
GBPJPY = Pound yen



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