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EURUSD Higher Timeframe Analysis
Euro / U.S. Dollar
EURUSD Higher Timeframe Analysis
By Tradenessfx
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Sep 8
4
Sep 8
Looking at the higher timeframe analysis, we can see that EURUSD is moving impulsively in the last period of time.
Impulsive move is made up of 5 waves
- Wave 1 = Wave 3 = wave 5 = 5 waves
- Wave 2 = wave 4 = 3 waves
We are now in subwave C of wave 4. Expecting a move down to our buy zone where we'll be looking for buys targeting 1.13 level.
If interested in trading subwave c, watch for a pullback and ride the move down after the breakout.
Good Luck and trade safe!
BTCUSD
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elliotwaveanalysis
EURUSD
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Trend Analysis
Wave Analysis
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