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LauJinwen
Aug 23, 2018 1:06 PM

EURUSD long from 23.8% to 50% retracement of wave 1.1460 to 1.15 

Euro Fx/U.S. DollarFXCM

Description

Look to buy on dips retracement near the 1.15 level to 1.1460 (50% retracement of wave i). Likely to be a retracement wave after the strong move in the last two weeks from low of 1.13. When the retracement is over, eurusd like to make a strong impulse wave three to break the 1.1625 resistance level.
Comments
kamilw98
wrong :)
LauJinwen
@kamilw98, why's that? :)
kamilw98
@LauJinwen, it will probably go to 1.14100 and then increase. 3 days i spend looking on EUR/USD and other analysis.
LauJinwen
@kamilw98, How did you get 1.4100? 1.4100 is below the 1.1628 61.8% retracement.. I would probably look to sell on rally if it can go to that kind of low levels..
kamilw98
@LauJinwen, hmmm... look now :)
LauJinwen
@kamilw98, Look what? It is still at 1.1540.....
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