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sifneosFX
Oct 17, 2020 8:31 AM
Day trade BUY Opportunity
Long
FX:EURUSD
60
Euro Fx/U.S. Dollar
FXCM
Description
⋅
Oct 17, 2020 8:31 AM
On Minor degree (red line) trend is down on the final wave C.
Within Minor degree, the first 1-2-3-4-5 wave is over and the correction has been started, blue line. The C wave in "Minute" degree should travel to 1.618 of the Wave A.
Happy trading!
Trend Analysis
Technical Indicators
Wave Analysis
Comments
VincePrince
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Oct 17, 2020 11:59 AM
The trendline bouce can be origin for more demand, thanks for sharing.
sifneosFX
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Oct 17, 2020 1:16 PM
@VincePrince
, I may also stop at 0.68%, it would be still a valid zigzag correction
sifneosFX
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Oct 17, 2020 1:19 PM
@VincePrince
, and actually it is not a trend line it is the wave C unfolding, it happens to unfold on that trend line
Saeed966
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Oct 17, 2020 9:07 AM
Good luck
sifneosFX
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Oct 17, 2020 10:57 AM
@Saeed966
, hopefully you do not rely on luck when trading?
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