ridethepig
Long

Euro recovery continues...

FOREXCOM:EURUSD   Euro / U.S. Dollar
=> A rather talkative ECB today kept Euro in bid with the end of QE being the main focus.
=> Here we are expecting a break to the upside of the recent base formation with a test of the 1.185x giving bulls a lot more confidence going into 2019.
=> For those into Elliot-wave we have started a recovery after the fifth wave with out initial target at the highs in wave four.
=> To the upside the levels to track at 1.175 and 1.1690x and for those interested in the sell-side support comes in at 1.14xx and 1.132x
=> Good luck all
Comment: Initial targets hit at 1.180x and closing the remainder here ahead of FED hikes tomorrow... well done to everyone who made their slice of the pie here
Trade closed: target reached
Really good analyse! Thanks
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ridethepig q.f.lourenco
@q.f.lourenco, Thanks for your kind words
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great work
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ridethepig marshallblack
@marshallblack, Thanks mate
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