EWFAxel
Long

EurUsd Ending Diagonal 20-feb

FX:EURUSD   Euro Fx/U.S. Dollar
908 7 3
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

Leonardo
3 years ago
Hopefully
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EWFAxel
3 years ago
Time will tell, and thanx for taking time to view the chart =)
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Leonardo P.
3 years ago
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.
3 years ago
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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Leonardo P. EWFAxel
3 years ago
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.
3 years ago
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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