ThinkingAnts
Long

"Top and Bottom Analysis" EUR/USD by ThinkingAnts

FX:EURUSD   Euro / U.S. Dollar
4H CHART EXPLANATION:

Price is on a Wedge Pattern as the Main Structure on the 4h Chart. We can observe:

- ABCDE Elliot Pattern Completed ( on Elliot wave Theory this is a clear signal that the structure is finished ).
- Support zone made by A/C/E .
- Broken Descending Trend line .

We consider the previous items as Bullish Signals to be looking for long setups towards the Descending Wedge Pattern Trend line at 1.13741

Updates coming soon!



MULTI TIMEFRAME VISION

Weekly:

Daily:

ThinkingAnts Ronnie_Dong
@Ronnie_Dong, Good view !
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Ronnie_Dong ThinkingAnts
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