FX:EURUSD   Euro / U.S. Dollar
857 6
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After a sustained drop in a wave (X) and ending with an EED , prices are now reversing and heading higher. This could be the start of a MUCH, MUCH higher movement!
Dropped out of a EED following the NFP release last week. This most likely signals the beginning of a larger move down. But caution is needed as there should still be another move up before it drops.

See my FULL MONTHLY Analysis on USDCHF for details: (F) USDCHF FULL Monthly Update: Still Forming The Bearish Pennant (Free post. No Subscription required)

This pair EXPLODED upwards as predicted! However, unfortunately we had closed our positions last week on NZDUSD before this recent leg up. But this move up should be coming to an end soon and when it does, there will be another good opportunity to make more pips!
GBPJPY is most likely headed lower to complete a major wave down. What apparently happened was that there was a completed wave (4) triangle and then prices fell from there in what is now the wave (5). We should see another push down to complete this wave (5) and also the larger wave A before we see a MAJOR reversal occur.

See my recent FULL MONTHLY Analysis: (P) GBPJPY: Finishing The Wave A. Getting Set For A Reversal Wave B. (Premium Subscription required)
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look at this breakoutwith the bullish divergence,it's time to long the EUR
disagree. another leg down before up. good luck to you.
Well, hope you did not go long, friend! This is a good example of why trading on breakouts is dangerous!
Boumrah EverythingForex
hit my stop lose
yeah, sorry to hear that, bro. I don't wish anyone to lose but as you can see, there was good reason to not go long yet as my analysis predicted more downside to go. I am looking to go LONG as well but wasn't at that point. Still waiting.....
Boumrah EverythingForex
i re-enterred long,llok at this trendline;is still supported
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