Long

EUR/USD - Fractal Pattern - Bullish until 1.20 or 1.215

Updated

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Here's why EUR/USD is bullish in my eyes:

1 - Corrective Pattern is about to be complete and a new Bullish wave should start.

2. Correlations and Wave Counts agree:
Next expected moves:
- DXY - Bearish Swing
- XAU/USD & XAG/USD - Bullish Swing
- GBP/USD - Bullish Corrective
- Indices - Bearish because of the VIX spike
- AUD/USD & NZD/USD are preparing Reversals

3 - Fractal Pattern.

This structure has been taken from the previous larger degree Corrective Structure which developed from March 2015 until December 2016.

After that correction, the EUR/USD started a Bullish Impulse.

Do you notice any similarities?

:)

Many pips ahead!

P.S. Follow me and trade like a champion!

* See my related ideas on EUR/USD.
* My details in the signature below.

Note

EUR/USD - Weekly Chart
Previous Correction appearing again on Daily:

Note

Daily Chart:

Weekly Corrective Pattern unfolding again, as a Fractal.

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2H Chart:

Many pips ahead!

Trade active

Unfolded as planned.

Don't get fooled by the selling spree and this bear trap!

EUR/USD is destined to rise, just have a bit of patience.

Note

1st Bullish Leg complete, time for the Bearish Correction:

Note

KAWABANGA!!

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Bullish .. here we go!

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Lionheart-EWA

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