Nice bullish impulse, but you can enter after retracment.
All the way up, brothers. You can put stop loss on breakeven because we are 200 pips +
2nd wave (blue) seem to be completed, because we had in it some kind of flat correction pattern (ABC). I am keeping my own shorts on this pair.
I am still in this trade, keeping the shorts. Price respects the trendline, however it is nearby 0.786 fibo level which is very critical. Also, i updated the wave count in 2nd wave (blue)
Price seem to be complete the 2nd wave (green). Also, if You look better, You may notice ABC pattern in it. Moreover, according to fibo levels we are in possible reversal zone.
The price is on very significant level because it is touching down trend-line of the channel. Moreover, it is in significant zone according to fibo levels.
Price is in flat, but also its clear that price can not break the 0.-5-0.618 fibo levels, therefore im a bit sure that this week this pair may fly
Guys, seems correction in EURUSD is a bit extended therefore im adding up a new short position. Moreover, price seem to be retracing from channel's upper trend-line.
Seems we have 3rd wave now. You can see it because the wave are strong and impulsive. Also, 2nd wave (blue) was completed nearby 0.618 fibo level. And 1st wave is in form of leading diagonal. So, be patient guys and keep it. Moreover, stop loss on breakeven please :) Thank You!
Second seems to be completed soon, or during next week and after that dollar index may go up.
Keeping longs on this pair.You can enter now. Because we may see bullish impulsive waves which will be the 3rd wave,and it will occur in upcoming week
C wave (green) of 2nd bigger wave (red) seems to be completed. C wave was drawn as a diagonal triangle in which we caught two movements. And now i more bearish on this pair, therefore im entering short on this pair. And there is a kind of double top which correlates with fibo zones 0.5-0.618
Seems that we already started to decline, waiting for 5th wave (green) to be completed and after we may have correction which will be 2nd wave (red). And we will continue to go down after 2nd corrective wave (red). And ,ay be you noticed that price is respecting 0.5-0.618 fibo levels which are common level for retracements according to Wave principles
Guys, take profit hit, im preparing for shorts on this, will be ready if i ll see any kind of bearish pattern.
Price is in significant area, also seem to be in channel. Yellow zone is 0. 5-0 .618 fibo levels. And i added to my current short trade on this pair. So, lets wait :)
I decided to enter the trade by market price and deleted pending order on this pair, seems that correction comes to be ended, therefore im entering lond trade on this pair. And stop loss is placed beneath the 0.7 fibo level
Seems yesterday's news heled price to complete A and B waves :DD By the way, waves and wave primciples are the reasons why i dont monitor news. I just trust myself and my eyes :) Trade what you see, guys. And im keeping this trae till diagonal triangle pattern will be completed.