TimStuyts

EURUSD ALTERNATIVE VIEW WITH SHORT TERM POTENTIAL TRADE SET UP

TimStuyts Güncellendi   
FX:EURUSD   Euro / ABD Doları
14
For context please see link below since this is only 1 of the 2 scenario's I see as relevant and as highly probable.

Key to understand is that I favor a triangle correction on the daily that so far shows 3 waves o lesser degree for wave A, B and C. This suggest that we are looking at a 3-3-3-3-3 triangle structure. Add to that the fact that the 4 hour time frame might show us a triangle of lesser degree (if confirmed) and a triangle almost always occurs prior to the final move of the structure which suggest NOT to expect a bearish trend towards long term lows.

So what's the plan? We saw a bearish impulse on lower time frames on Friday and if this results in a consolidation we can sell wave C of wave A lower towards 1.08 area. If however we see a bullish reversal followed by a consolidation we can buy EURUSD towards 1.145.

updates will follow

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Yorum:
Projection of my ideal scenario for EURUSD and what I'm looking for in terms of potential trades. Both structure of larger and lesser degree.
Yorum:
So far so good guys, let's see whether we see the bearisch continuation as well.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.