Mizuki32
Long

EURUSD: Elliott wave analysis

FX:EURUSD   Euro Fx/U.S. Dollar
432 8 15
Elliott wave analysis
Comment: Another scenario:
snapshot
@Mizuki32 you must be rich right now :) excellent EW analysis, your charts are nice
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Why do you believe the Euro is going up? The Italian referendum is coming, EU is extending the Quantitative easing, US has priced in 100% of rate increase, US data has been strong. What fundamentals are you basing it on?
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Ryang71179 tlesick
@tlesick, I think It's pretty obvious these aren't fundamental traders It's called technical analysis.. It really works!!!!!!
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tlesick Ryang71179
@Ryang71179, I know but they should consider the fundamentals as well. Look at today there is no reason for it to go to 1.14
+1 Reply
Mizuki32 tlesick
@tlesick, Thank you for your comment. You are right.
Fundamentals is an important factor in investment.
Anyway, let's see whether it breaks 1.046 or bounce.
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Nice counts. Another alternate scenario:
EURUSD: Favorite pair of traders has some Shorting opportunity
+1 Reply
Mizuki32 Elliottician_SamRoy
@Elliottician_SamRoy, Thanks for sharing your chart looks very good.
I can agree with your view suggesting the completion of triangle.
Thanks for comment appreciate it :)
+1 Reply
@Mizuki32, thank u too
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