EURUSD sell setup

FX:EURUSD   Euro / U.S. Dollar
4223 35 183
The EURUSD             is in a corrective structure.
Wait for the breakout and a lower degree consolidation to confirm the sell.

Trade with care.
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Nice Anil! I am also selling. Isn't it a wedge at 4h? The green level around 1,14 is the September high.
Down movement correction angle same angle slope.
MakisMooz MakisMooz
Sorry, what I meant to say was:- W- iii
My view is that this pair is about to enter a W-3 and as a consequence will fall.
However, on the larger Time Frame; the monthly; it is bullish until it hits 1.21717.
Once this level is fulfilled the pair will be bearish for some time.
+1 Reply
simple as that.
thank you sir.
+1 Reply
i agree
+1 Reply
I totally agree with this setup! If it doesn't break, an upmove to 1.145 is indeed possible... But I am definitely selling if this breaks...
+1 Reply
Why not 1.145 first.
+2 Reply
ForexSpecs Geert2000
Cause many people waiting 1.1450
+1 Reply
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