anilmangal

EURUSD Possible wave structure

FX:EURUSD   Euro Fx/U.S. Dollar
22597 47 391
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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Completely agree. I have this exact set-up on my chart.
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Thanks
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You have no idea how low EU will go.
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@Bandarsq, do you?
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VForex NearDrowning
@NearDrowning, below $1 obviously lmao
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@VForex, Why?
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VForex NearDrowning
@NearDrowning, not only Europe is in decline fundamentally , the charts show a possible impulse down after this flag
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edisoho VForex
@VForex, i see u the way u draw ur line, is to make it look like a flag. ignoring the tail.
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edisoho NearDrowning
@NearDrowning, haha. nice one
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@Bandarsq, top of the class Bandarsq, lets enjoy their liquidity
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...thank you Anil for your post. Simply great!
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Thanks Anil
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thanks much...be cool
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It just came off a corrective impulse. It flushes from here. I don't think it's even worth waiting for bounce on this. Go short and stay short until it tests .99
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Smart chart Anil. thanks
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Trump Triangle (Long Run EUR patren)
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qais Paul-FXTC
@Paul-FXTC, where do you get that lower line !
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@qais, EURUSD IDC
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It is highly likely in my opinion that price has already finished E of the triangle. You're bearish already so I guess that doesn't matter to you :)
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thanks
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The most important words in trading : (PATIENCE).

Wait for the right time. There is no other way.

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Dear Sir Anil, can u update about this chart, because i just saw USD index already reach 5 (going downside) and euro index already reach 4 and going to 5 (upside), im thinking about to go long but like usual i like to see ur update first about this chart. Thank you :)
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I think it's going to break. DXY looks like to be breaking to a lot further above.
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A break of 1.05237 and the triangle is complete with a target of .9500

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@CurrencyWaves, Count was not invalid, E wave can end where it wants as long as it wont end above C territory.
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Really good Anil....Patience is king.....oh yer !!!1
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Update it before opening please!
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my predicton for eu .. it is going to 0.79 exactly
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EURUS sell the breakout
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What does that mean "expanding flat" ?
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Hi Anil, hope ur having a great weekend, wanted to share my idea and see what you think on it, thanks
More selling pressure
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anilmangal PRO FXPRO_TREND_TRADER
@FXPRO_TREND_TRADER, thanks for sharing
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we seem to have a clear breakout here now on the montlhy chart, and more downside ahead:

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and on the daily chart some correction after the breakout seems quite possible:

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MartinVlaev DanielKjoelstad
@DanielKjoelstad, sell now and stop 1.19 .....not the best trade for me :)
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I 'll follow you whith closed eyes if i can say that :)
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The election spike would count as E
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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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Hi Anil. Eur broke small structure on 1 hour. Is it a sell?
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update?
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Thank you for share ideas with us.
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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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Requests Comments
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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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