EURUSD Analysis(Continue to Fall)!!!

10 cze

EURUSD managed to break the Support zone($1.080-$1.078), Monthly Pivot Point, and the Uptrend line. We can also consider this Breakaway Gap a sign of valid failure.

According to the theory of Elliott Waves, EURUSD seems to have successfully completed the Double Three Correction(WXY).

Currently, EURUSD is completing wave 4, and we have to wait for wave 5 to start.

After the completion of wave 4, I expect EURUSD to decline at least as far as the targets I have specified on the chart.

Euro/U.S.Dollar Analyze ( EURUSD), 4-hour Time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

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11 cze

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Great move. I closed 50% of postion