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IceCold_
Oct 8, 2018 9:54 PM

Eurousd  Long

Euro Fx/U.S. DollarFXCM

Description

Divergance forming on the 4h already and is already prominent on the 1 hour. Most likely count for this structure is an ending diagonal for the 5th wave of the A in this corrective struct. 1.17 region looks like a solid short term target before we head further down for the C wave.

Comment

Broke topside as expected and touched 1.16 area where we are likely to see some pullback towards the 1.15200 region before continue to our target of 1.17

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