EUR/USD is currently forming a descending triangle at 4H. Dview suggest bullish.
When it completes the forth wave, ride the fifth wave to the upside if/when price breaks kumo cloud, in that case:
- Go long with first target being 1.21720 and if continues upwards and break that level;
- Second target will be 1.25600
- If price refuses to break 1.21720, proceed carefully for a long term short trade with target at 1.15200
Look at chart for graphical instructions.
Overall trade time (expected till end of October).
Follow at your own risk. I am a beginner but I am hoping to learn through mistakes and feedbacks.
When it completes the forth wave, ride the fifth wave to the upside if/when price breaks kumo cloud, in that case:
- Go long with first target being 1.21720 and if continues upwards and break that level;
- Second target will be 1.25600
- If price refuses to break 1.21720, proceed carefully for a long term short trade with target at 1.15200
Look at chart for graphical instructions.
Overall trade time (expected till end of October).
Follow at your own risk. I am a beginner but I am hoping to learn through mistakes and feedbacks.