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glennmercer
Dec 1, 2016 8:31 PM

EURUSD: Looking For BIG Bearish Impulse Here Short

Euro Fx/U.S. DollarFXCM

Description

Hey traders! Price is nearing the potential end of its fourth wave before the final drop to wave-5. In addition to the Gartley pattern complete in this area, there will likely be an abundance of supply here as the zone is confluent with many levels of interest. A word of caution, however: This is not yet a sell trade! Just a potential setup if the bearish impulse presents itself. I expect some hard resistance at the 1.067 level. If price powers through the SL, it will be a sign of deeper bullish correction and a recount will be in order. Keep your eyes on this one - Happy Trading!
Comments
HassanGul
i sold this at the top...it breaks above trend line but not Daily close above this trend line ...if it closes above trend line then this trade is invalid ...that is what i am thinking...
TheBossHoss
Hi man.
What do you think is going to happen in a yes or no in italian referendum? What is your opinion?
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