anilmangal

EURUSD broke the down trend let's see if it makes a correction.

FX:EURUSD   Euro / U.S. Dollar
12085 33 310
Hi Guys please click on the pinned chart to see the two possible way EURUSD             could move. It has broken the down trend so now we need a corrective structure on a lower degree then we buy or an impulse down breaking the up trend then wait for correction and Sell.

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Comment:
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Comment: Understanding wave structure is not as simple as putting trendlines on the chart . I noticed many traders making that mistake. It's not about the lines , it's about the structure so unless you know what structure you are looking for the lines will have no value.

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Hi Anil, do you think that the trend is broken at moment or still alive?
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Thanks Anil, as usual awesome charts and efforts you put in.
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Thanks for this update once I get something similar to yours I get more confident
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morning, I just see your remark about the importance of the wave structure itself, can you point me in the right direction as to where I can read up more information?
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Smiley8080 forex_jedi
Loads of stuff on You Tube or web.
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My longer term view of the this pair
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been keeping an eye on your suggestions appreciate the ideas (:
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Still bear trend until brexit sell climax is validated.
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