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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.
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.
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EUR/USD - Weekly ChartPrevious Correction appearing again on Daily:
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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.
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1st Bullish Leg complete, time for the Bearish Correction:Note
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KAWABANGA!!Note
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Bullish .. here we go!Note
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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.
Related publications
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.