we're in the 5th wave as well the 0.718 of the fibonacci so we will be looking to short then look for another trade once the price hits our TP
There is no clear signal right now keep your eyes on it until it breaks the triagle. it will be a big move after this consolisadion
After a correction around 1710.00 wich is a key level we will be trading the 5th wave
We are into a down trend on EUR/USD and due to many aspects (fibonacci and DXY...) we can say that the price will hit 1.0650 wich is a weekly key level. INSTAGRAM: addictedtrader
LONG once the 4H candle closes abouve 1738.00 because then we will be trading the 5th wave First take profit will be 1755.00 wich is a weekly key level Second take profit will be 1787.00 (next to the monthly resistance) FOLLOW MY INSTAGRAM: addictedtrader
Due to the last month huge rejection; the price has been ranging between 132.50 and 135.80. Meanwhile the price has been rejected by 132.00 wich is a weekly key level As well this move will be the 5th wave. LONG position will be taken when the 4H candle closes above 133.20 and Breaks the trendline.