TradingView
TradersMission
Dec 14, 2018 9:37 AM
EURUSD
FX_IDC:EURUSD
240
EURO / U.S. DOLLAR
ICE
Description
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Dec 14, 2018 9:37 AM
Fundamentally the EUR is looking weak following the ECB announcement and issues with inflation.
On a technical point of view I am seeing a slight fall with a major recovery to 1.14+
We are completing a triple three structure which poses to offer long opportunities.
Yellow projection: Our preferred sequence to reconcile the November 13 to November 20 advance.
Teal projection: Second scenario is this keeps on falling to follow there higher time frame structure.
The risk: Try not to keep a tight stop regardless if taking the long or short, this type of market deserves lenient risk.
Trend Analysis
Wave Analysis
Chart Patterns
EURUSD
DXY
waves
structure
Comments
TradersMission
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Dec 18, 2018 11:24 AM
This has taken off and 100 pips into profit. Moving stop loss to break even. The risk is this fails to break the top, don't be afraid to pay yourself 25% of profits.
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