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Euro / U.S. Dollar
Short

#EURUSD

By alikze
Updated
In time H4, a complete cycle has been completed, and the upward corrective movement has moved in the form of three waves. It is currently in wave 2 of the C cycle. According to the hammer candle in the range of 61.8, a shorter wave can try to reach the range once again, and in the future, you can enter a sell position. Be careful, if you encounter a high-pressure buy candle within the specified range, this position should be reversed...
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In the continuation of the selling position process, it can continue according to the form of corrective behavior. With Kandel's approval, you can continue the sales position process.
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And now
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The target was touched for a short time. Save profit or trail. It can perform upward modification up to the specified area and, if approved, enter the next step of modification.
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And Now...
To continue the downward path, wait for confirmation in the red box and then enter the sell position again.
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And Now Full TP...
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Chart PatternsEURUSDeurusdshortsetupForexTrend AnalysisWave Analysis
alikze
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