Traders,
EURUSD has a bullish hammer at the bottom the wave ABC on weekly chart after a long-term dropping since April. We would like to suggest a real correction for next week.
A suggestion like this does not mean that it will start without pulling back to the 1.151 , where the bullish hammer start, again. So we need to use 4H chart later next week to find out then entry signal.
There are 600 + pips from the bottom to the assumed end of the correction. Good luck!
On daily chart, EURUSD is now experiencing a top for the first small wave up after a positive NFP on last Friday. That data did not drag EUR too hard. But still possible to test the 1.15 again before volume rising up next week, usually after Tuesday.
Less is more!
EURUSD has a bullish hammer at the bottom the wave ABC on weekly chart after a long-term dropping since April. We would like to suggest a real correction for next week.
A suggestion like this does not mean that it will start without pulling back to the 1.151 , where the bullish hammer start, again. So we need to use 4H chart later next week to find out then entry signal.
There are 600 + pips from the bottom to the assumed end of the correction. Good luck!
On daily chart, EURUSD is now experiencing a top for the first small wave up after a positive NFP on last Friday. That data did not drag EUR too hard. But still possible to test the 1.15 again before volume rising up next week, usually after Tuesday.
Less is more!
Comment:
Comment:
Good morning , back to Monday, and EURUSD has found its support on 4h chart.
Comment:
should wait for another entry signal.
