has hit a trendline could reverse from here, possibly in a channel could play around in the channel before reversing up. I would like to see it go further down follow the white lines.
waiting for a buy here on lower tf, has broken out of a structure, came back for a retest. hopefully gives a good entry during NY session
looks like its hit a area of resistance and made a move up in a channel, possible first wave. have taken a small position down for wave 2 from lower timeframes. see what happens when it reaches my zone for buying again.
Looking for a bit more upside on this pair to 61.8 area before a nice move down.
Re - adjusted the correction from previous chart, was that a false move down? will look for a buy entry if it adheres to my entry criteria.
Looks like its getting ready for a move up. watch out for a stop hunt lower and wait for a decent breakout.
Hopefully get some consolidation tonight will look for a buy set up after UK market open.
updated chart from previous analysis, see if this structure plays out. Will be a bumpy ride but looking for buy set ups along the way.
Possible channel forming, looking for long entry after market opens depending on price action. may only do three waves in the channel before dropping. See how it goes.
Looking for a short term long position to around 61.8 to 78.6 of the A wave. then will wait for confirmation of the bigger move down.
Possibly coming down in the channel before a bigger move up.
Sell order placed for possible breakout of channel, has pulled back to 61.8 area looks good for a drop.
looking for 5th wave to complete, also had breakout of trendline.
Buy order placed with possible target to complete the correction on higher timeframes. looking for a move down afterwards.
Entry taken for short position on EURUSD thinking this will break the bottom and then make a bigger move up.
Looks ready for a move up if it breaks out of the top trendline will look for larger move up after. I have changed my view on this following previous downward prediction.