meszaros
Long

EURUSD wave inversion...

FX:EURUSD   Euro / U.S. Dollar
Continuation of the analysis with the previous observation that the EURUSD movement is reversing. More specifically, the wave sequences rotate around the orange axis of symmetry. If my theory is still correct, then around 1.1169 the exchange rate will have to turn north again. In this case, I am calling a long position with a target price of 1.1455. This represents a 1.97% increase from the correction level.
I also expect a reverse arnd that level.
Reply
meszaros priyaranjandas
@priyaranjandas, Yes. I think we're thinking in one direction. :)
Reply
@meszaros, if Friday's high is taken without the dip then i am thinking to initiate a partial position.
Reply
meszaros priyaranjandas
@priyaranjandas, I agree with you.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out