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WicktatorFX
Aug 20, 2022 1:51 PM

EURUSD - Explosive Move Ahead! 🚀 

Euro Fx/U.S. DollarFXCM

Description

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EURUSD has been in a massive downtrend and it appears we are almost at the bottom. We are currently on the final bearish wave - which is made up of 5 subwaves.

We've recently seen a perfect rejection of the 618 fibonacci and we've started the final bearish push. We've seen subwave 1 and 2. We are currently in subwave 3. Expecting 2 more waves and then a major bullish reversal. EURUSD is inversely correlated with DXY, which has almost finished its bullish cycle. It would be a good idea to keep an eye on certain USD pairs such as Gold for a reversal correlated with EURUSD.

MONTHLY
The monthly chart shows a 5 wave move which has almost completed.


Keep a close eye on this. It's going to be a big one!

Trade closed: target reached

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Up 1500pips ✅
Comments
Spideyboy99
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this is nice..
please how can i join your vip group... I have been trying to contact you for a while now... I even dropped a message for you on Instagram
arthurisaac
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it's really amazing that tradeview allows great traders like you publish their ideas. Thank you so much
Phaada_Abraham
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@arthurisaac so we keep looking for shorts
JoeChampion
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I think we will see some downsides first towards 0.99 zone 0.98 then a rally!
Phaada_Abraham
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so we keep looking for short the the sells are over extended
perezmed777
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I've been learning for 1.3 years to trade FX, to pass the prop firm hopefully on my 4th try, this chart is the best I have seen because of your graphing and your analysis and observation, you didn't give maybes, you said it you said, thanks brother
gautuwuu
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0.91 is coming and It well aligns with a possible DXY Top.
arthurisaac
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thank you for the analysis sir
czekboi6134
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I suspect only SPX bottom can provide that.
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