EURUSD has hit high for week? EU retrace watch

Euro Fx/U.S. DollarFXCM

Description

⋅ Oct 10, 2018 9:44 PM

Quick plot to track the retrace.

This is a followup to my previous idea look for EU to top around the Weekly Central Pivot:

Comments

AlexStanilevych

⋅ Oct 11, 2018 10:17 AM

Your 5th was the 3rd as the oscillators peaks were higher than the previous ones.

EuroMotif

⋅ Oct 11, 2018 10:17 AM

@AlexStanilevych, Hmm, thanks for input, will consider it.

AlexStanilevych

⋅ Oct 11, 2018 10:16 AM

Add AO or MACD indicators, it will be easier to identify the 3rd wave.

MongolKhaan

⋅ Oct 10, 2018 9:55 PM

Are you saying its going long?

EuroMotif

⋅ Oct 10, 2018 9:56 PM

@TurboldTumurbaatar, I am expecting to come down to 1.15 range. Then I will evaluate again.