Get started
Euro / U.S. Dollar

C-wave in the making, before the next impulse up

By madsroland
Updated
EURUSD could be starting the c-wave very soon. I will be looking for a short entry signal. There is also a nice head and shoulder pattern forming. Which can be used as possible entry point.

Long term I think the EURUSD will go up, because of weaking DXY
Comment
The C-wave is still forming, it didn't go as fast as anticipated. Currently are at resistance level and if we break the 1.11600 then we will see the c-wave.
Trade active
Closing in on target
snapshot
When it hits 1.10700 area I will look for a long entry signal
C-WAVEElliott WaveHead and Shouldersimpulseshortsetupweakdollar
madsroland
Also on:

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.