FX:EURUSD   Euro / U.S. Dollar
HELLO TRADERS!

Here is my analiysis for EU. It's a combination of everything so here is what I see...

I'm counting a nice 0XYZ correction in which is about be finished in order to continue with a major impulse.

From point X to Y there has been a retracement of 61.8%. Such retracement has tested a histirical key level of support inside the cannal you see in yellow. As I mentioned a very nice, almost perfect correction. I do see a possible continuation with ABCD Pattern, then it will go up as there is a Shark Pattern in color blue.

In summary:

EURUSD Sell
PE: 1.1750
SL: 1.1812
TP: 1.1520

EURUSD Buy Limit
PE: 1.1480
SL: 1.1380
TP: Open


Any comments, feedback is more than appreciated. Happy week!

BUY LOW
SELL HIGH

... and GET HIGH!

Best,
juanra

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.