EUR/USD - Short-term Bullish - Long-term Bearish

FX:EURUSD   Euro / U.S. Dollar
526 11
EUR/USD is trading withing a Complex Corrective ABCDE structure and preparing to finalize the Corrective 4th Wave Cycle.
Primary Wave D was formed out of a Complex Corrective WXY Structure which points out to the fact that the final Wave E within this correction should be limited as per the trend-line and Channel.
According to the Bullish Divergence shown, Wave E might form a Head and Shoulders formation towards the end of Intermediate Wave Y.

Key Levels to watch for this set-up - 1.0825

Short-term Levels - BUY
1.0500 & 1.0400

Long-term Levels - SELL
1.1100 & 1.1300
Comment: getting there
Comment: we are very near to the Trend-Line Resistance

Comment: Preparing the Major SELL:

Website & Services:

Wave Counts & Daily Updates:

Signals & Orders:

101 Trading & Memberships:

Invest Fund:

Hi, Good count and how I was looking at it before but I think EUR is ready to turn as USDCHF has an ending diagonal on wave 5 down and the binary nature of these pairs match perfectly so food for thought.. I am not looking of short side now.

@donaldsaw, me neither, not yet, waiting for the last leg up:
donaldsaw Lionheart-EWA
@Libeloo24, This was a crazy impulse up but the ride down should be stunning so let's wait for that!
@donaldsaw, hit me up when you believe it's time to ride the wave down, would be good to work together on this setup, so far we agreed on several moves.
donaldsaw Lionheart-EWA
@Libeloo24, yeah sounds good... I've recounted a couple charts and I am possibly thinking the ride down might be happening sooner than expected. I've simplified my count and keeping in mind my count back in Dec 2016 (Massive change in direction) and I think this might be a completion of a bigger wave 1. Thoughts?

@donaldsaw, I am seeing a Running Flat from Feb until April so I am looking at another wave up and that's it

donaldsaw Lionheart-EWA
@Libeloo24, It is developing that wedge shape so yes, this is my preferred count still as well; Markets are very slow at the moment so let's watch for the final push up.
@donaldsaw, you are right, we need to wait at this stage and see the next impulse
It will be interesting to see if there is a correlation here with the French or other EU election outcomes.
Lionheart-EWA Quadricolor

we are on the right track, one more squeeze on the up-side and then we release the dogs
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out