pervinder

EUR LONG LAST WAVE UP TO COMPLETE ABC CORRECTION WAVE

Long
pervinder Updated   
FX:EURUSD   Euro / U.S. Dollar
Potential a double top to complete 5 waves up to end C wave. So far EURUSD has been doing double bottoms or double tops. Lets see if this plays out the same. look at exiting around 1.1800 ish if this long plays out.
Trade closed: stop reached:
RSI on high time frame is making a higher high but chart is making a lower low. Indication of price is supposed to pick up drastically. However a lot of manipulation of option expires are forcing price to reach certain target range causing my analysis to be put on hold until we see clearer picture.

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.