Wave-Trader
Short

Price acting under channel line

FX:EURUSD   Euro Fx/U.S. Dollar
2703 23 83
I am expecting short on retest of broken channel trend line . In case price break back in the channel then i will look for short around 1.16000.
Comment: I have posted some educational videos on youtube please watch it. I am sorry i cant post link here due to House Rules. Search by this name please.

( Structure Drawing and Patterns Identification )

Thanks
Comment:
snapshot
Comment: Price respecting channel line. Sell from top and use reasonable stop loss. Here is the update Guys.
snapshot
Comment: EURUSD Moving amazingly. This is how Structure and pattern identification works perfectly. Here is the update Guys.

snapshot
Comment: Moving amazingly. Stay focused on your job don't listen others and stay tuned. Here is the update and break up is possible.
snapshot
Comment: Patterns identification work amazingly.

snapshot
Comment: EURUSD has extended corrective structure.

EURUSD watching for corrective channel breakdown
For Training Course Visit:
http://www.techtradingacademy.com
Youtube: https://youtu.be/nZSYWsVeLkM
Twitter: https://twitter.com/Wave__Trader
Facebook: https://www.facebook.com/forexsignal.hunter/about?section=work
https://www.instagram.com/wave__trader/?hl
do u think sell stop good bro :D
+1 Reply
Wave-Trader TOP AlajmiFOREX
Yes but make sure stop loss must be in the channel if channel break back in that means structure changing.
+1 Reply
Thank You .
Reply
Wave-Trader TOP mahmoodnoori
You are welcome
Reply
thanks bro.
Reply
Nice. Will use this chart for a controversial trade on EU.
Good Luck.
Reply
Wave-Trader TOP MetalCruisers
Cheers mate
Reply
Awesome analysis
Reply
Thanks
Reply
No, EU falling lower than 1.09 is not going to happen. 1.09 - 1.10 will be one of the lowest prices we will see for a few years. Price will rise from here and head back up to 1.21 then to 1.40. Trading View doesn't have charts dating back to 1970s, but I've seen them elsewhere and it's clear as day that price is only going to go up.
Reply
elbistan ForexDreams
Euro currency in the 1970s.. ??
+1 Reply
ForexDreams elbistan
Yes I found a website showing historical data of the EU to the 1970s. Some analysts in the 1970s must have worked out a predictive theory based model of what the Euro could have been by combing the prices of different EU states. I have no idea to be honest. Have a look: http://goo.gl/eEb3j4
+1 Reply
ForexDreams ForexDreams
combining*
Reply
Wave-Trader TOP ForexDreams
Absolutely right mate. This is very informative thanks
Reply
Price playing in the long long standing channel if price breakdown then it is very likely that we may see price towards 1970s area and if this channel holds then might be bullish trend may may resume but it does not look like that because we have very solid impulse on left side and bearish long standing bearish flag is in formation and it looks to me that we have trend continuation pattern breakdown will extend loses against dollar. Just stay short from top of the flag for longer run.
Reply
Thank you bro
+1 Reply
Your are most welcome mate
Reply
Thanks bro...
+1 Reply
Thanks a lot for the latest update! It really helps me to sort out the situation
Reply
Cheers mate and thanks for the feedback.
Reply
small correction


Nice charts as usual:) patterns work amazingly well yes, they certainly do...you've probably as well discovered how all established theories tend to confirm each other. Geometrics and Fibs as a fundamental, Elliot, Dow and Gann, its all the same- patterns:)
+1 Reply
Wave-Trader TOP RationalTrader
Amazing
Reply
the price move amazingly as you said above sir !!!! I have the same view but my drawing approach is different :-
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out