Zohaib_Malik
Long

EURUSD CORRECTIVE STRUCTURE

FX:EURUSD   Euro Fx/U.S. Dollar
206 3 5
EURUSD             IN A DAILY CORRECTIVE STRUCTURE
LOOKS LIKE IT IS AN ABC OR ABCDE CORRECTION FOR ONE MORE UP TO COMPLETE THE C CORRECTIVE WAVE!
LETS SEE IF IT BREAK THE STRUCTURE UPSIDE OR COME BACK FOR ONE MORE DOWN TO MAKE ABCDE!
BUY THE BREAKOUT OF THE STRUCTURE LOOKS LIKE A GOOD IDEA!
HAVE A NICE WEEKEND
THANK YOU
KEEP FOLLOWING AND SUPPORT
Comment:
US DOLLAR INDEX (DXY) STILL LOOKING FOR DOWNSIDE!
What do you think about the correction about the weekly timeframe? It looks like a flat to me. Although i like this different approach
Reply
Maybe it is.. If it is an ABCDE flat so it has to come to the low of the structure but not break the low of the B wave.. If it is an ABC then it can break the structure in this down or if it is breaks the currently 240 downtrend so it will go for the C wave to the top as shown in the chart!
Reply
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