Hi guys !
I shared a analysis on EURUSD two days ago with a possible target at 1.20.
Is still active but more difficult than expected. So here is the possible waves before 1.20 .
So, there is two possible scenarios, with a support breakout, and a pullback to 1.17 before a new run. That's for the worst scenario.
In the best idea, the support at 1.1745 is strong enough to push the next wave toward 1.18 and create a new support close to this area.
If that will happen, we can expect the nexts 2,3,4 and 5 waves.
Resume :
Open BUY position : 1.1745
STOP LOSS : 1.171
Target #1 : 1.18
Target #2 : 1.185
Target #3 : 1.194
Target #4 : 1.2005
Idea will update every days !
Thanks for your time.
I shared a analysis on EURUSD two days ago with a possible target at 1.20.
Is still active but more difficult than expected. So here is the possible waves before 1.20 .
So, there is two possible scenarios, with a support breakout, and a pullback to 1.17 before a new run. That's for the worst scenario.
In the best idea, the support at 1.1745 is strong enough to push the next wave toward 1.18 and create a new support close to this area.
If that will happen, we can expect the nexts 2,3,4 and 5 waves.
Resume :
Open BUY position : 1.1745
STOP LOSS : 1.171
Target #1 : 1.18
Target #2 : 1.185
Target #3 : 1.194
Target #4 : 1.2005
Idea will update every days !
Thanks for your time.
Trade closed: stop reached
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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.