Hi guys , i posted earlier some short term analyses of EURUSD which went pretty well , i expect it to go up now , to finish a last move up before falling deep into bear hands.
EURUSD is currently counted as being in the wave 4 (consolidation) after a strong bullish wave 3 , expecting wave 5 to finish this bull run now.
Will keep this post clean and post updates as i see them only , please manage your own trade with risk/reward ratios that you see as more effective.
Goodluck!
EURUSD is currently counted as being in the wave 4 (consolidation) after a strong bullish wave 3 , expecting wave 5 to finish this bull run now.
Will keep this post clean and post updates as i see them only , please manage your own trade with risk/reward ratios that you see as more effective.
Goodluck!
Comment:
These moves are corrective , please find an entry lower (price will most likely break a new low)
These moves are corrective , please find an entry lower (price will most likely break a new low)
Trade active:
Let's begin trading. Current price 1.161
Trade closed manually:
Another low seems to come...
Trade active:
Didnt break the low but close to it , trading can begin now.
aiming for the 1.20-1.215 area since the downwards momentum was too strong.
aiming for the 1.20-1.215 area since the downwards momentum was too strong.
SL was hit as you see on chart (1.185 red line) but going back in for the bull run.
would advise to keep sl under the low 5 pips and aim for the top!