rajeh13

29/05/18 $EURUSD Daily Chart

Long
FX:EURUSD   Euro / U.S. Dollar
Wave V of the bigger wave 3 has extended to 0.786 level of wave ii, iii, iv trend base fib extension. This is proof a strong down trend. RSI and MacD is also showing strong down trend.

Waiting for a reversal signal to go long (Wave 4).

Happy Trading

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Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.

Supplied information is not advice.
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Comments

There was a very strong bearish candle closes on 29/05/18. Expecting more bearish movement today.
Reply
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