meszaros

EURUSD declining trend.

Short
meszaros Updated   
FOREXCOM:EURUSD   Euro / U.S. Dollar
EURUSD declining trend. The two wave sequences shown in my analysis. Dashed lines indicate D1ATR axes. It can be seen from the figure that in both cases the angle of the axes is similar. It can also be seen that similar wave sequences are built during the decreasing ATR. I am trying to trade this set of rules now. I highlighted two fractals with a white line. Currently, the second fractal is being built. This can be completed at level 1.19102. Therefore, I choose this as the target price for my short position.
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