Good morning traders,
The EURUSD appears to be forming the c leg of wave 4.
Once this wave has completed we are looking to go long on wave 5.
Wave 5 will also have 5 sub waves providing opportunity to enter further positions on pull backs.
Wave 5 will need to reach at least the peak of wave 3, meaning 1.1240 can provide an initial target.
1.1020 will also provide a great entry as this will be a long term inverted head and shoulders pattern.
Any thoughts on the set up are welcome!
The EURUSD appears to be forming the c leg of wave 4.
Once this wave has completed we are looking to go long on wave 5.
Wave 5 will also have 5 sub waves providing opportunity to enter further positions on pull backs.
Wave 5 will need to reach at least the peak of wave 3, meaning 1.1240 can provide an initial target.
1.1020 will also provide a great entry as this will be a long term inverted head and shoulders pattern.
Any thoughts on the set up are welcome!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.