anilmangal
Long

THE ELLIOTT WAVE COUNT ON THE EURO MONTHLY CHART

FX:EURUSD   Euro Fx/U.S. Dollar
2234 15 69
This C wave in the corrective "abc" about finished .I will be looking for a daily impulse to the upside with a 3 wave correction down to enter position traders.Will post on lower degree charts.
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Hi Anil, You are so right in your prediction, have you got further update to this chart EURUSD. Regards Kuldip
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nice anil
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wave
+1 Reply
it has a corrective structure between 0.618 and 0.786 till now
+1 Reply
thanks sir
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i advice to go more back in time search for more historical date
i think u will have another counts then :D
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anilmangal PRO ElieRostoum
Thanks for your input.
+5 Reply
Hi..........your long bias has a very long term outlook; the above chart gives a supporting Short bias in the short term, can you give emphasis on the short term and its relative period?
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anilmangal PRO OluwatoyinBamidele
Please check post I made on 240 and 60 mins.
Please add a comment… Positive feedback and constructive criticism are important to authors and the community.
+5 Reply
Hi anilmangal,

Thank you for sharing your technical view here on Tradingview.
In most cases your analisys looks credible...In this particular I cannot agree with you given the fact that the ECB has just started QE and FED will start hike soon.
This divergence in policies will put a huge pressure on the pair in the next 1-2 years...PArity will be just the beginning. Let's see :)

My point is we should also look at fundamentals and not only the technical aspect.
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