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anilmangal
Dec 1, 2015 3:33 PM

EURUSD breaking Long

Euro Fx/U.S. DollarFXCM

Description

The EURUSD is breaking but to confirm the upside continuation I am wait for a correction before I buy.
The big question -Is this an impulsive move for the C wave up or a correction for one more down leg.

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4 hr update

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EURUSD has completed the first impulse and is now in the correction phase ,the question now is, what would the next impulse look like ? the yellow or the pink?

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Comments
bekirdur
Wow what a break :) Thanks Anil
bekirdur
Anyone expected such a sharp move? Anil, If this impulse is so strong, what should we expected for the upcoming waves?
anilmangal
C wave up! watch the yellow candels
Kadhijah
look for yellow, it's my favorite color :)
bekirdur
Yellow trend is still commencing. It may happen really, I am also watching that path. If it happens, I will send a box of chocolate to Anil ! :)
IvanLabrie
Corrective wave more probable, pink path.
bekirdur
Draghi wouldn't enjoy the yellow move, he would enjoy the pink move better :)))
Cazzie
Very colourful screen Anil.
Lets hope the end of this month is just as colourful. :)
Josphat89
Thanks so much. You are so informative. A retest or correction to an extent forms the basis of the entry. It forms equilibrium. Am i right?
ChetanFX
Looks like it could be a Drgaghi's surprise or no hike from FED.
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