METODS of ANALYSIS : EWA/EWP (Elliotte Wave Analysis/Principles)
TIMEFRAME: D1 (960 min)
INVALIDATION LEVEL: 1.12988
STOPLOSS : 1.13000 (cause of ask price)
TAKEPROFIT : Target 1 - 1.00000 (real - big trades)
1-st : VAH - 1.00065, POC -0.98123, VAL - 0.95986
2-nd : VAH - 0.90499, POC -0.87826, VAL - 0.85159
NEW MOON : - 28/01/2017 (Correction/Decline)
The EWA/EWP made by Trader - Malika Tengri (Powerful Traders)
VARIANT 2 >>>
Globally the EUR/USD pair still has bearish tendency, but in 2-nd variant, the Elliotte Wave Analysis shows the binary waves structure! Really, the extension pattern in expected 3-d wave can be interrupted, cause of creation the LDT model. (Leading Diagonal Triangle EWA/EWP) The current bulls protection, easily can create an imbalance and the Price can go up to the near sellers resistance - 1.07365. Breakthrough of the price level 1.06810, gives the opportunity to reach the strong resistance 1.07365. Main invalidation Level for the 2-nd variant is still 1.12988 (EWP). S/L - 1.13000 After the reversal pattern, the global price prediction doesn't change, price will decline to the near target 1.00000 (par of exchange), more distant goal 0.90500 (VAH). Please don't forget the Historical Buyers Supports are 0.98123 - 0.95986 & 0.87826 - 0.85160.