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UnknownUnicorn5158708
Dec 8, 2019 8:33 AM

EURUSD: Watch Price Action For Long Long

Euro Fx/U.S. DollarFXCM

Description

Hi Traders,

We've seen EURUSD breakout of the Ending Diagonal with a bullish impulse wave. An impulsive breakout is quite significant because it simply means that the diagonal pattern is complete and that the market is ready for long positions. We have a gartley pattern which suggests a long entry if price reaches the 1.0974 region.

In summary, I'm bullish on EURUSD unless the market proves otherwise.


Regards,
Wave Theorist.
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