Triangle was broke out on the end = rather downtrend continuation without huge moves.
Due to the fact that it is near to Daily SR i expect ranges.
EURUSD looks like it getting ready for rise , any way this is a good zone for buy for long term , but we have to wait conformation signal .
if not , or break down more we will watch bottom and make update .
LAST= 1.13 06
EUR/USD movement during the last few days showed a drop from the recent high price seen on Mon 10.Dec.2018 at 1.1444.
During the next few days the price is expected to go down for 1.12 96 and then to 1.12 65.
On a longer view is expected to continue to be DOWN, and as long as the price is trading Below 1.1345, ...
Greetings Traders, here I share my humble analysis of EURUSD, I have found in 2 years of study that only the analysis with Elliott waves gives me high probability of doing my trades in the right direction of the market. Here you will find my counts in different timeframes. Greetings.
The dollar is without a doubt been getting stronger, plz check out my previous post on that analysis. With things boiling up in Europe I do see economical uncertainty with Europe as the protest and Brexit causing for some concerns.
Alright so for the TECHNICAL reasons for a short is that we are nearing a major resistance level, and pressure downward will be ...