I believe EURUSD has some margin to go upwards.
In this regard wave (b) of (abc) has started and is presumed to retrace up till 0,618% level.
The white lines from (iv) edge is the WOLF WAVE. Will see how it will work out
Max Profit: 337.50
Max Loss: 287.50
Break Even: 1.1977
Notes: A bearish assumption directional shot at resistance. Alternatively, FXE January 15th 111/113 long put vertical, 1.05 max profit, .95 debit/max loss, break even 112.05 vs. 112.13 spot (although it's trading above that pre-market).
Os dejamos un análisis en el largo y corto plazo del futuro del Euro, así como posible escenario para la semana que se inicia mañana lunes 6 de septiembre en el más corto plazo.
¡Buen trading y mucho más cuidado .!
1. The existing long position that had placed or accumulated at heavy transaction price zone will protect their long position when price retrace near to that zone.
2. The smart money place for short position will potential take profit (i.e: buy order) above the heavy transaction price zone
Both above accumulated lots of buy order to fueled the bullish...
Critical what happens next here for markets. Needs to regain 93.20s otherwise risk of a drop to 88.30s is in play. Bullish divergence showing but lower bolli kinked open 🤔
$UUP $EURUSD $USDJPY $EEM $GLD $TNX $TLT $SPY $QQQ #Currencies 💱
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