anilmangal

EURUSD Possible wave structure

FX:EURUSD   Euro Fx/U.S. Dollar
22669 47 392
Hi Guys, hope you are all having a great time. Just working on this EURUSD             and it seems like we might be in a triangle or flat , I am more lean to the triangle because of corrective nature of this wave coming down now.


Trade with care
Thank you for your support.
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Comment:
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Based mostly on Market Profile and Price Action (daily charts) the strongest levels for short swings are 1.0710 and 1.0765. Heavy volumes were traded between those levels (accumulation) followed by strong rejection of higher prices resulting into renewed sell-off. I think that the sellers will be active there again.
Only thing to watch out for is ECB meeting on Thursday. Basically anything can happen there and I won't be trading during this event.
You can see my analysis here:
EUR/USD swing based on Market Profile and Price Action
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I Do not this chart really we do not know -whats happen in future for Europe nations
i heard wave of bad news economic in Europe incoming Fundamental news saying something different
i heard EU UNDER 1.05 AND 0.09
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snapshot

Thank you for share ideas with us.
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update?
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Hi Anil. Eur broke small structure on 1 hour. Is it a sell?
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Hi Anil, is possible an Expanding flat even the "B" wave didn't break the start of wave A?? Ps. Always grateful for your job....
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The election spike would count as E
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I 'll follow you whith closed eyes if i can say that :)
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