We received a long alert from our Harmonic Scanner yesterday, for the EUR/USD on the D1 timeframe. We are seeing a potential double bottom price action setup on the currency pair as well. The harmonic scanner has a 94% win rate for this currency pair.

What Other Traders Are Predicting


1.1200 resistance. We spoke recently of a long opportunity from the 1.1100 area in line
with our simple forex strategy. Now price is back at the resistance we need to wait for a
confirmed break above before looking for short-term long opportunities.

Here Are My Thoughts!

- On the D1 timeframe, we received a long alert from our harmonic pattern EA
- A double bottom price action trade setup
- If price breaks above the 200 SMA, we will experience a long continuation, trail stop for maximum profit
- Our harmonic pattern EA has a 94% win rate on this currency pair
Our long target levels are 1.11259 – 1.11629
Cheers to another successful week!