anilmangal

EURUSD looks like an ending diagonal.

FX:EURUSD   Euro Fx/U.S. Dollar
6784 18 196
a year ago
If this is an ending diagonal then it will break to the up side of this structure. If it breaks out of the structure to the down side and consolidate i will be looking for sell set up.

Trade with care.
a year ago
Comment: https://join.me/FREEtvwebinar link for the free webinar Tomorrow 27/11/15, 9 am New York time. We will look at Advance patterns. Why they work and why they don't. How understanding wave structure will show you the flaws in advance patterns.
a year ago
Comment: https://join.me/FREEtvwebinar FREE WQEBINAR IN 10 MINS
a year ago
Comment: Today's free webinar
http://www.youtube.com/watch?v=X478CjvtrDA
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
Good catch!
+2 Reply
Cazzie
a year ago
These ending Diagonal's take ages to end...haha
Moving really low Anil, I have it alarmed so when structure changes (consolidation) I will at least be aware of the change and can go back and view the chart.
+2 Reply
snapshot

+2 Reply
Ani
a year ago
Awesome TY
+1 Reply
RabeelSabar
a year ago
in my humble opinion it is going to break the structure and go down for a bit and then a large move towards upside in next few days,,,,so selling at this stage is not a good idea
+2 Reply
last wave down is to impulsive
Reply
great, i got the same count too.
+1 Reply
CapnOscar
a year ago
perfect catch
Reply
Johnson_SG
a year ago
nice *
Reply
G_Man
a year ago
HI Anil, I've been following you for some time, mostly just for confirmation bias :) .I'm not really into breakout trading myself, but wanted to ask you about it as I may need to include it into my trade style.

On a breakout do you take the trade as soon as the range is broken - so essentially a stop buy or stop sell just outside the range - the trendline or the price level? Or, do you watch the break, then wait for a retrace to enter? If you wait for a retrace, what are you looking for roughly, and on what time frame generally? For example for this 60min trade
+2 Reply
This could be a great one!
Reply
johan.verm
a year ago
Nice analyse Anil...As always....:-)S uvazheniem
Reply
Cazzie
a year ago
This pair has already broke a 3 month low.
Reply
Cazzie
a year ago
Oooh, I like the U-tube Webinar's recordings Anil.
I'll watch it now.
Reply
anilmangal TOP Cazzie
a year ago
Thanks , please share it
+1 Reply
Hi Guys for all those who missed my webinars you can check them on youtube.The link is above in the update.
+1 Reply
panchusmith
a year ago
Thanks anil. You are the best..
Reply
Mr. Anil , any view on GBPUSD? thx in adv
Reply
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