Get started
MoneyEngineer

EUR/USD setting up for a bull move. The reversal?

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
MoneyEngineer  
OANDA:EURUSD   Euro / U.S. Dollar
Wave Analysis
5
0
waveanalysis
The pattern eur/usd has been in is a ending diagonal in Elliott Wave, this pattern is terminal and usually ends with a violent reversal. We have seen quite a clean impulse at the bottom, and the pattern that preceded that is a clear double zigzag. If price starts to break above the sub (B) i will be interested to buy.
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.