dabsonfx

dabsonfx

After the previous Rally, EURUSD have been in a multi month expanded flat sideways pattern that have kept price in a Range but it looks like the final leg is about to be completed. On the short term price could consolidate a little for wave iv correction before making a new low for wave v of wave (c). A break out of the diagonal structure after completion of wave...

dabsonfx Updated 

set buy limit

dabsonfx Updated 

price rejected on a daily key level after completing an ABC pattern go long with 78 pips stop loss follow me on instagram @ strategic_fx

dabsonfx

buy now set 100pips sl

dabsonfx

wait for formation of H and S plus rejection from 61.8 fin level then buy place sl below recent low

dabsonfx

selling break of bearish flag

dabsonfx

an ABC corrective pattern is forming on this pair. with price currently testing upper channel resistance on the B wave formation we might see price decline to wave 4 from where a long trade to 61.8 fib level is not a bad idea follow @ strategic_fx on instagram join t.me/strategicfx on telegram

dabsonfx

details on chart follow @strategic_fx on IG follow telegram channel t.me/strategicfx

dabsonfx

price broke out of bearish channel in an impulsive rally and now correcting before further rallies to the upside. waiting for completion of this pattern to go long follow @ strategic_fx on instagram for steady updates and technical analysis. follow my telegram channel t.me/strategicfx