TradingView
faris.makki
Apr 25, 2018 9:37 PM

EUR/USD Long Opportunity (Long term) Long

Euro Fx/U.S. DollarFXCM

Description

I believe EUR/USD is completing an ABC corrective wave (4) and will push higher to another high and form the fifth wave. Also in line with Gold and AUD/USD.

Entry:
Take Profit:
Stop Loss:

Trade active

Comments
RoulaAli
Thank you
Do you have any idea about nzdusd?
faris.makki
@RoulaAli, Hey.. yes I think NZDUSD will move in the same path it AUDUSD and EURUSD and follow to the upside, of course they won't move together but the direction seems to be up.



However looking at AUD/NZD it seems AUD is more bullish and will outperform NZD in my humble opinion. So you're better off going with AUD/USD this time.

But to answer your question. I think Yes it will go up and we already hit support on Friday. but don't rush in if you're highly leveraged and can't handle a test of support, or you can wait for support to buy again. Hope this helped
RoulaAli
@Faris.makki, thank you very much for this information
More