EURUSD: Next session will be our driver

Monday's session could be used as a driver for next week, on Friday the markets closed the weekly, monthly and quarterly bar, so in compliance with what has been said, we should be cautious, at least during the next 1-2 sessions. Having said this, it could be interesting to follow next sessions on small time frame (intraday charts) in search of some Pattern to trade.
If we look at 1H chart for example, during the Friday session the pair triggered an interesting technical rebound, which had already been expected for a few sessions, which could generate two opposite Patterns: an ABCDE Pattern with a bearish harmonic structure (as we trade it) and an ABC Bullish Pattern, potentially developed in the areas shown on the chart.

📊 Patterns that might appear:

🔴 ABCDE Pattern with a bearish harmonic structure:

🔴 12345 Bearish Structure:

🔴 ABC Bullish Pattern:

As we have seen, we may have some interesting trading opportunities next week and we will publish free updates on our site as well. Having said this, on the Long side there are perhaps the best position management opportunities, especially if the pair decides to trigger a new low, but this is a personal choice.

Trade with care
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코멘트:

📊 ABC Pattern(Harmonic) or 12345 Structure: