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crikz
Sep 13, 2018 3:55 PM

EURUSD - Scalping opportunity Short

Euro Fx/U.S. DollarFXCM

Description

The moves look pretty messy but i believe eurusd will fall for another leg down to finish the current sequence
Divergence is present on lower timeframes and the wave count suggests another leg down before a bullish breakout
The bearish leg can be bigger but im setting usual targets for a normal C wave.
Cheers!

Comment



Adjustments of the fibs from the high level
Pullback then continuation to targets is what i expect.
Cheers!

Comment



Take profits targets - ill go with first one for safe play
Comments
trendlab2
I've gotta part ways with you here. My analysis shows a new upward structure beginning Sept. 10 which will possibly last another week or so. Looking for new chart highs above 1.1730...
crikz
@btc1019, I will continue bullish for short term after this uptrend completes , as for mid-long term im still confused on EURUSD until it gives next bearish leg downwards to understand the structure
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