EWFAxel
Long

EurUsd Ending Diagonal 20-feb

FX:EURUSD   Euro / U.S. Dollar
909 views
3
909 7
There is a possibility that an ending diagonal is taking place in this daily structure.

Where wave 4 is underway.

if it does, i will start creating long positions around 1.3255 looking for 300-400 pips profit

Comments

Still reliable? Prices today has broken the trendline. According to Elliott is still Long signal, do you agree?
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EWFAxel Leonardo P.
Yes,imho, it doesn´t need to be exactly at the trend line, even we can have an overlap in price around 3110, and still have the wave 4, if this escenario doesnt play as we expect, at least we will have a rally to 1.34 area and from there more downside.
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I put a Stoploss at 1.3158 (minimum of yesterday). Do you agree? Where do you have set your stoploss?
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EWFAxel Leonardo P.
Im already long @ 1.3190 planning to add (if we get there) @ 1.3140 and the stoploss for the whole trade is 1.3030.... so, that´s up to you ;)
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Time will tell, and thanx for taking time to view the chart =)
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Hopefully
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I agree... sooo much ;)
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