Hi guys !
I shared a analysis on EURUSD two days ago with a possible target at 1.20.
Is still active but more difficult than expected. So here is the possible waves before 1.20 .
So, there is two possible scenarios, with a support breakout, and a pullback to 1.17 before a new run. That's for the worst scenario.
In the best idea, the support at 1.1745 is strong enough to push the next wave toward 1.18 and create a new support close to this area.
If that will happen, we can expect the nexts 2,3,4 and 5 waves.
Resume :
Open BUY position : 1.1745
STOP LOSS : 1.171
Target #1 : 1.18
Target #2 : 1.185
Target #3 : 1.194
Target #4 : 1.2005
Idea will update every days !
Thanks for your time.
I shared a analysis on EURUSD two days ago with a possible target at 1.20.
Is still active but more difficult than expected. So here is the possible waves before 1.20 .
So, there is two possible scenarios, with a support breakout, and a pullback to 1.17 before a new run. That's for the worst scenario.
In the best idea, the support at 1.1745 is strong enough to push the next wave toward 1.18 and create a new support close to this area.
If that will happen, we can expect the nexts 2,3,4 and 5 waves.
Resume :
Open BUY position : 1.1745
STOP LOSS : 1.171
Target #1 : 1.18
Target #2 : 1.185
Target #3 : 1.194
Target #4 : 1.2005
Idea will update every days !
Thanks for your time.
Trade closed: stop reached
