anilmangal
Long

EURUSD still in a corrective structure

FX:EURUSD   Euro / U.S. Dollar
580 9 70
Divergence on the down leg ,i'm expecting a three wave correction and looking to buy the c wave .First an A wave impulse out of triangle then B wave correction before I buy
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move is over?
+1 Reply
You think it's time to buy the C now?
I had a similar view on usdjpy, but I'm considering the possibility of a complex triangle as well.
Today I shorted usdchf, didn't want to trade eurusd but this one was quite good.
Great job Anil.
Reply
great call anil!
+1 Reply
Thanks ,Warumnicht
+3 Reply
anilmangal PRO anilmangal
I was expecting a lot more agreement with it :)
+3 Reply
Doingit anilmangal
indeed. Do you expect that this breakout is corrective in nature? or do you think this is a trend change?
Reply
let's see if the down move now (after this impulse) is corrective . I am not looking for a sell as yet .
+3 Reply
taniab anilmangal
do you know german also?
+1 Reply
Definitely all corrective, been watching this complex 4th unfold in the euro for a while now...as expected compared to the way simpler wave 2 of the same degree in this downtrend.
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