Wave-Trader
Short

Price acting under channel line

FX:EURUSD   Euro Fx/U.S. Dollar
2636 23 81
3 months ago
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.
3 months ago
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
3 months ago
Comment:
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3 months ago
Comment: Price respecting channel line. Sell from top and use reasonable stop loss. Here is the update Guys.
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3 months ago
Comment: EURUSD Moving amazingly. This is how Structure and pattern identification works perfectly. Here is the update Guys.

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

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2 months ago
Comment: EURUSD has extended corrective structure.

EURUSD watching for corrective channel breakdown
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AlajmiFOREX
3 months ago
do u think sell stop good bro :D
+1 Reply
Wave-Trader TOP AlajmiFOREX
3 months ago
Yes but make sure stop loss must be in the channel if channel break back in that means structure changing.
+1 Reply
mahmoodnoori
3 months ago
Thank You .
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Wave-Trader TOP mahmoodnoori
3 months ago
You are welcome
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AlajmiFOREX
3 months ago
thanks bro.
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TPparadigma PRO
3 months ago
Nice. Will use this chart for a controversial trade on EU.
Good Luck.
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Wave-Trader TOP TPparadigma
3 months ago
Cheers mate
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arshadd
3 months ago
Awesome analysis
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Wave-Trader TOP arshadd
3 months ago
Thanks
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ForexDreams
3 months ago
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.
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elbistan ForexDreams
3 months ago
Euro currency in the 1970s.. ??
+1 Reply
ForexDreams elbistan
3 months ago
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
3 months ago
combining*
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Wave-Trader TOP ForexDreams
3 months ago
Absolutely right mate. This is very informative thanks
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Wave-Trader TOP elbistan
3 months ago
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.
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piptamil
3 months ago
Thank you bro
+1 Reply
Wave-Trader TOP piptamil
3 months ago
Your are most welcome mate
Reply
piptamil
3 months ago
Thanks bro...
+1 Reply
Guerrera
3 months ago
Thanks a lot for the latest update! It really helps me to sort out the situation
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Wave-Trader TOP Guerrera
3 months ago
Cheers mate and thanks for the feedback.
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RationalTrader
3 months ago
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
3 months ago
Amazing
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Wave-Expert PRO
2 months ago
the price move amazingly as you said above sir !!!! I have the same view but my drawing approach is different :-
snapshot
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