Euro / U.S. Dollar
Long
Updated

Forex: EURUSD D1 Impulse Wave Analysis - Long Opportunity

315
EURUSD has been on a Downtrend for a while after it rejected the Resistance Trendline for past 3 weeks, and it has been ranging between the Channel, i'm expecting EURUSD to test the levels of 1.11170, 0 Fib Level, which will form a Double Bottom Pattern and change direction towards the upside. The 5th Elliot Impulse wave will complete the Trend on 0 Fib Level
Note
Order Triggered @ 1.11170 with a Buy Limit
Trade active
Note
Breakeven @1.11825, Target 1 Approaching

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.