EURUSD 15 min sell (short term trade)

FX:EURUSD   Euro / U.S. Dollar
2893 26
This one is very risky because i am expecting a turn to up side soon. If you take it watch out for a quick move down, if that happens you might want to take profit ,if it goes slow ,just move stops.

Double bottom could be a bouncing area too so take this trade with care and let's hope is falls hard!

Trade with care.
Comment: Yes the power of wave analysis !! Going up as warned, we did not get the break to the down side so no big deal , check out my daily analysis on this pair i posted yesterday.
Comment: Now let's see what the up move will look like.
Hello, even the week ended with doji candle, you see bottom around .084? Couldnt be it deeper?
please check my daily chart in the update
+2 Reply
OdoFx anilmangal
Got it :) sorry overlooked daily chart.
Thanks for nice work. Alsi expect deeper move in next weeks
do you think .8400 area is final bottom? or could we expect deeper fall?
this week closed with doji and when i am looking on last doji formations there was a big move always
Here comes profits taking, will drop some pips and then let's see how strong are long sides.
maybe the move down is over
I was hoping for short as well.. Im still holding to see if fib levels hold. Does look like the 1040 level may break to the upside.
+1 Reply
anilmangal RKchartest
if it breaks it might be short lived so watch it carefully
+2 Reply
RKchartest anilmangal
Carefully I am!
amni570 anilmangal
it break up side. is it still valid?
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