From a purely technical approach we have a bearish bias against 18,149 price level. We identified a possible corrective Elliott Wave a-b-c or complex double or triple three pattern unfolding. Based on the premise that we see a down leg/wave in the beginning stages of occuring right now.
Sell Trade @ Market
SL 17,250
Sell @ Market Price est 16,690 via...
Technically I see the EurUsd unfolding a Triangle Wave 4 corrective pattern that is languishing in nature. The three way pattern we're are counting is expectedly in the wave (c) of a-b-c zig zag Wave C pattern down.
on the 30mins-1hr chart the five wave fall from 1.1961 we believe is corrected by an irregular flat (inblueonchart) that retraces from 1.1817 to...
