Sinuhet
Long

EUR/USD - longterm view

FX:EURUSD   Euro / U.S. Dollar
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4
The price action from 2008 high shows certain simillarities with a decline 1992-2000 in this pair. Unfortunatelly TradingView does not provide a longerterm chart on this pair. Anyway I believe that the move from 2008 is corrective a we are about to finish one move up towards 1.4422 from either 1.3453 or 1.3345 level. A possible decline from 1.4422 should be impulsive in 5 waves and should resemble the decline 10/2008-10/2000.

Important:
A break below 1.33 will negate this idea!
A break above 1.49 will negate this idea!
This scenario may be replaced by a triangle as a black wave B. In other words we would need to finish blue wave D and E first before declining under 1.20.

P.S. I am new on TradingView, so apologies if something does not go smoothly with my charts.

Comments

sorry, i find now what you mean. you are write 1.4175 easy, but after you to negative. 1.026 NO.
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Sinuhet call.wstreet
??? where I write 1.4175? can not follow you. I would suggest you post your longterm EUR/USD forecast cart. That may help for clarity :-)
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No where i told that. but you see social investment like rats, all the time bring back. 1.359 so hold and hold and wait year 2252 when we start to fly
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