fxmillions
Short

EURUSD Short expecting news manipulation

FX:EURUSD   Euro Fx/U.S. Dollar
a year ago
Although EURUSD             long opportunities seems appealing based on wave count on higher timeframes, the H4/daily correction is not over yet. Hence presents a triangle break opportunity to the downside. Since all EUR pairs seems to be in some sort of a corrective structure, major upcoming news could be the manipulation point for a clear direction.

In the meantime, lets ride the short waves back and forth. Be ware, triangles can break to either side. Though as per the structure of this, there is a high probability to break to the downside, at least to the 61.8% confluence zone. But before entry, price has to clearly close below the structure, and I will look to enter only there is a small correction at least in the 15min time frame.
a year ago
Comment: Price didn't drop down to the fib levels expected. None the less, we got more than half the move expected.
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