Get started
harshjapee

EURUSD unfolding Wave C towards 1.14 and 1.1150

Short
Euro / U.S. Dollar (FOREXCOM:EURUSD)  
harshjapee  
FOREXCOM:EURUSD   Euro / U.S. Dollar
Trend Analysis Wave Analysis eueusd Technical Analysis
2
2
trendanalysis waveanalysis eueusd technicalanalysis
EURUSD remains in control of bears and ideally prices stay below 1.1880 handle, going forward. A larger degree A-B-C seems to be underway towards 1.1400 at least that could extend through 1.1150/60 a well. It is pulling back to work through lower degree Wave 2 within Wave C and might find resistance through 1.1750/80 zone. Remains a good sell on rallies from here on.

Remain short, add more @ 1.1750/80, stop @ 1.1950, target is @ 1.1400 and 1.1100/50


Good luck!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.