nightfoxFX

Alternative scenario - Long EURUSD

Long
nightfoxFX Updated   
FX:EURUSD   Euro / U.S. Dollar
As alternative to my previous analyses, wave B could be already completed, and after simple ABC correction, as I market on this chart we could be heading higher to complete wave C. Ideally I would enter long at 0.618 fib retracement, but wait and see how market opens. My previous shorts are still open. At the moment I am still short, but it is good to know what are your alternatives.

Cheers
Comment:
From the open prospective I do not see rebound. Stick with my first idea for now!
Comment:
Price action is telling me that we are forming a correction and that we can expect more downside. NOT good to buy, better to wait for sell!
Comment:
Aticipating more down side
Comment:
wait for nice 15 min flag and than buy
Order cancelled:
Took some profit, but not as planned, loking for more short
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