I might be reaching here but I am looking for a correction wave within the correction wave. Kudos to those of you who did your diligence and caught this move, whether you saw my original idea or not, kudos.FX:EURAUD
ever since the clean break and close above the daily downtrend back on the fifth of August, this pair has been in a consolidation cycle @ the unavoidable 1.12 lvl.
Dropping to 4hr view, the greenback has a hold while momentum is on its side and the euro is successfully clawing away warding off an obvious imminent fall. So I am still short biased simply based...
Is Elliott waving at us? (Pun intended)
On a serious note this is my first attempt to anticipate the correction wave, hence my silliness, so do your own due diligence. I am only sharing the idea, NOT. MAKING. A. CALL.
Hope you all had a great week of trading!
This Daily look has been on my radar for some time now and this potential Bullish Cypher pattern completion has flowed its way onto record. Down on the four hour chart the break in the downside trend there has put RSI into overbought territory and there is also a potential Bullish Cypher pattern completion well into the trend zone(see below). This evening the...