eurusd
Updated
ill try to explain something that disturbs me with previous bull view on eu in comments so now ill present bear option.
that last drop down is too small to be alone here, so taking whole structure as an example, that A move down has the same length of the first wave as we have now in the wave E. so as shown in smaller time frame chart we may get waited move to the up side but it may be very short lived and maybe drop will follow as in A wave as shown with ghost candles, in this case ill put SL on BE, or it may never make that HH and proceed down, in that case ill follow and see what smaller waves will tell along the way...
if u want to be updated show some love...
that last drop down is too small to be alone here, so taking whole structure as an example, that A move down has the same length of the first wave as we have now in the wave E. so as shown in smaller time frame chart we may get waited move to the up side but it may be very short lived and maybe drop will follow as in A wave as shown with ghost candles, in this case ill put SL on BE, or it may never make that HH and proceed down, in that case ill follow and see what smaller waves will tell along the way...
if u want to be updated show some love...
Note
Note
Note
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.