EURUSD SHORT POSITION
Greetings Traders this is my analysis for EURUSD .
From the last chart that had a solid growth we can see that the price is managing itself for a future Downtrend Movement.
I have redrawn the waves and now I see the completion of the five-wave impulse in the wave “5” of higher order.
I expect that the price should update the nearest local minimum of the wave “3” 1.03350.
I expect the price to reach at least the area of 1.02540 possibly short key level to 1.03072
I think the price will start a downfall to it might reach our potential target for a Downtrend and for a Sell Position
Traders make your own analysis before trading.
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Thank you!
From the last chart that had a solid growth we can see that the price is managing itself for a future Downtrend Movement.
I have redrawn the waves and now I see the completion of the five-wave impulse in the wave “5” of higher order.
I expect that the price should update the nearest local minimum of the wave “3” 1.03350.
I expect the price to reach at least the area of 1.02540 possibly short key level to 1.03072
I think the price will start a downfall to it might reach our potential target for a Downtrend and for a Sell Position
Traders make your own analysis before trading.
Please leave a Like,Comment and Follow!
Thank you!
Trade active
Trade closed: target reached
Position closed in profit
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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.
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.