Clear setup for a possible long entry on #EURUSD.
Price is now making a bearish channel.
Impulse down/channel down (Wave pattern).
Point 5 is confirmed by the 100% Fibo retracement and a previous high impulse.
Price is now making a bearish channel.
Impulse down/channel down (Wave pattern).
Point 5 is confirmed by the 100% Fibo retracement and a previous high impulse.
Trade closed: target reached
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Related publications
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.