EURUSD : Trap and Harmonic Pattern

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EURUSD : Trap and Harmonic Pattern Euro vs. US DollarOANDA:EURUSDi_am_siewSo far, the seller has not been able to establish a downward trend. They failed to touch the D/d. At first, I really thought the seller would be able to do it. The price is now hanging in the middle. The buyer and seller are still at work. Many would have started selling now, thinking the price would go down further. But knowing the Harmonic pattern, it is not wise to trade continuation when the price is still above the D/d. Using the pattern, we are able to pinpoint 'WHERE' the price might react. It prevents us from getting trapped @ SCAM as we actually know EXACTLY where to look. There are 2 parts to playing the pattern. It is the WHERE and WHEN. The where is the EASY part. Any tom, dick and harry can locate the D. The HARD part is the WHEN. When do we enter the trade? Getting a reaction @ D is a simplified way of getting into action. So WHEN do we actually enter into a TRADE? Good luck.