$EURUSD - Elliott Wave analysis
Hi guys! 👋🏻
🔔 EURUSD continues to move within the uptrend channel. The movement from October 15 was impulsive, therefore it makes sense to wait for a further upward movement.
🔔 At this stage, in my opinion, one should wait for the break out from the symmetrical triangle, which in turn foreshadows the end of the correction, and open a long.
🔔 If the price breaks below the lower edge of the triangle, then wait for the price to fall to the Fibo level of 0.618, which is placed at the lower border of the channel, and if the price can stay above this border - go long.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 EURUSD continues to move within the uptrend channel. The movement from October 15 was impulsive, therefore it makes sense to wait for a further upward movement.
🔔 At this stage, in my opinion, one should wait for the break out from the symmetrical triangle, which in turn foreshadows the end of the correction, and open a long.
🔔 If the price breaks below the lower edge of the triangle, then wait for the price to fall to the Fibo level of 0.618, which is placed at the lower border of the channel, and if the price can stay above this border - go long.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Nothing is true, everything is permitted.
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_________________________________
🤖 Get 20% fee cashback on CoinW with this link - coinw.com/frontweb/invitePublicity?r=azizelliott
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Nothing is true, everything is permitted.
_________________________________
🤖 Get 20% fee cashback on CoinW with this link - coinw.com/frontweb/invitePublicity?r=azizelliott
_________________________________
🤖 Get 20% fee cashback on CoinW with this link - coinw.com/frontweb/invitePublicity?r=azizelliott
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.