Euro Listened our View as usual which is just Our knowledge and hard working configurational executions Results like emoticon
We are Bearish even more on this pair at the moment.
We are in wave (5) as final decline as on monthly and weekly basis to print the new low near 1.00 Target.
On intraday basis , we are under wave (III) and now in subwave (ii) and soon or later tommarow we will flow down after having some news passed on it which will later on take it to 1.0629 as first and 1.0500 as second target for the wave (iii) projections of 261% likely
Our protection lies at 1.0800-1.0840 which will push Euro back down after placing wave (ii) there as 38% retracement of Rally.
Our invalidations lies now at 1.0947 and more importantly near 1.0913 while first warning sign will be 1.0880 passed.
Tommarow If news comes in play and take Euro to upside for 50-80 pips then look for Reverse straight away and Do not look buying.
Head and Shoulders plays the part with neckline has been broken so now the corrective rally going to test the neckline and then final Big decline is guys so look for nice moves next 2 days to the Short.
Trading recommendations :
We will not stay patience. Will look to short near 1.0800-1.0840 stop we will place Stop above 1.0900 or even 1.0915 and Will target next downside 300 pips towards 1.0500 and 1.0300 as follow through.
We are Bearish even more on this pair at the moment.
We are in wave (5) as final decline as on monthly and weekly basis to print the new low near 1.00 Target.
On intraday basis , we are under wave (III) and now in subwave (ii) and soon or later tommarow we will flow down after having some news passed on it which will later on take it to 1.0629 as first and 1.0500 as second target for the wave (iii) projections of 261% likely
Our protection lies at 1.0800-1.0840 which will push Euro back down after placing wave (ii) there as 38% retracement of Rally.
Our invalidations lies now at 1.0947 and more importantly near 1.0913 while first warning sign will be 1.0880 passed.
Tommarow If news comes in play and take Euro to upside for 50-80 pips then look for Reverse straight away and Do not look buying.
Head and Shoulders plays the part with neckline has been broken so now the corrective rally going to test the neckline and then final Big decline is guys so look for nice moves next 2 days to the Short.
Trading recommendations :
We will not stay patience. Will look to short near 1.0800-1.0840 stop we will place Stop above 1.0900 or even 1.0915 and Will target next downside 300 pips towards 1.0500 and 1.0300 as follow through.