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DACapitalTrading
Jun 8, 2019 11:53 AM

EURUSD - EDUCATION - 08. JUNE. 2019 

Euro Fx/U.S. DollarFXCM

Description

DACAPITALTRADING V2.0:

WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS
FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY!

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1 HOUR
Strong bullish market right now forming new highs.

4 HOUR
Bullish breakout with strong buyers pressure.

DAILY
Over 60% pullback of previous elliott wave and range.

OVERALL
Very strong market right now, I expect market to form new highs at the beginning of this week and pullback
towards our psychological level midweek/end of this week. Depending on market open if price gaps down there might be
a strong selloff on monday impacted by npfs on thursday.
I will update you as soon we get some price action :)
Good luck


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HAVE A GREAT WEEK

ALAN

Comment

be patient, there will be a takeout above previous highs shortly..

Comment

small push to the upside? New highs now?

Comment

No breakout right now..
Comments
TradingShot
I like your plan but with 1W/ 1M trending on Lower Highs for months and the bearish trend maintained for well over the year, it is better to be shorting the Resistances. And right now we are at one. Just one last confirmation, 1.1290 to break.

DACapitalTrading
@TradingShot, nice view mate, thanks for sharing!
priceprophet
The projections are strong with this one!
DACapitalTrading
@priceprophet, looking forward to that setup!
ABG1968
i think is reasonable what you are saying, watch the news that gets out of Italy, if they are not reaching agreement on cuts for services, etc. their budget is a mess and will drag again the Euro after it. That is important as well as the crap of Brexit.
DACapitalTrading
@ABG1968, Thank for the reply. Yeah you are right!
jpbrown1023
Love the educational posts. You're making a better trader out of all of us! Keep it up!
DACapitalTrading
@jpbrown1023, Thank you for the feedback! 100% for our Team :)
AGold54
Patience is always Key but I want it Now!!...lol
DACapitalTrading
@AGold54, Of course :P
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