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bearish-outlook

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SirajHudda SirajHudda PRO EURUSD, 240, Short ,
EURUSD: EURUSD Elliott Wave Analysis. Flat Correction Completed
756 2 6
EURUSD, 240 Short
EURUSD Elliott Wave Analysis. Flat Correction Completed

EURUSD has potentially completed the wave 5 of the Flat correction on the higher degree time frame which is Wave IV correction. What this means is that the down trend resumes for the EURUSD and would break the previous lows. USDOLLAR Index is also showing the same chart patterns of Expanded Flat correction giving confirmations. One can go short on this pair with ...

fxmentorbd fxmentorbd GBPUSD, 60, Short ,
GBPUSD: GBP/USD: Brearish Outlook.
114 1 2
GBPUSD, 60 Short
GBP/USD: Brearish Outlook.

GBP/USD Pair is looking bearish. That's why I still looking for short postion in this pair. 1.4980 - 1.5010 zone is behaive lika a strong resistance for this pair and 1.4850-1.4840 zone is behaive like as strong support for this pair. If break this pair I hope our next target is 1.4698 level, 1.46330 level and 1.44890 level. I hope this pair touch those level. We ...

fxmentorbd fxmentorbd EURJPY, 240, Short ,
EURJPY: EUR/JPY: Triangle and Bearish Outlook.
125 0 4
EURJPY, 240 Short
EUR/JPY: Triangle and Bearish Outlook.

Eur/Jpy pair found nice triangle and in H4 and D1 timeframe 50, 100 and 200 EMA is above the market price which indicate this market is still downward mode. That's why I think, this pair triangle may be break in downward mode. So, we can look for short postion in this pair. So, keep eye's on this pair and don't forget to press like button. Happy Trading !!!

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