Euro / U.S. DollarShort
EUR/USD H&S target:0.9210 (Nikita FX )
EUR/USD is now starting its H&S Formation regardless whatever type of wave is going on.
Well, Since 4-C Final wave 5 had already started. 1.05168---1.14646 looks like wave 5-2-ABCDE
(which is an ascending type).
If H&S neckline (recently 1.04618) will be breached, the target would be 0.9210.
Its First indication should be a breakdown of extended Green Channel bottom Line. (1.1245 today)
Therefore EUR/USD is bearish SHORT.
Nikita FX (climbingfx.jugem.jp/ )
Well, Since 4-C Final wave 5 had already started. 1.05168---1.14646 looks like wave 5-2-ABCDE
(which is an ascending type).
If H&S neckline (recently 1.04618) will be breached, the target would be 0.9210.
Its First indication should be a breakdown of extended Green Channel bottom Line. (1.1245 today)
Therefore EUR/USD is bearish SHORT.
Nikita FX (climbingfx.jugem.jp/ )
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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.
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.