EURUSD to break corrective channel?
EURUSD H1 is consolidating in Zigzag A-B-C inside the corrective channel of wave 4.
Buyer should wait to confirm the end of wave 4 when price will break the top of channel.
The C leg of Zigzag should have 5 waves impulse downward. Which is now I can count only 4.
So, there might be another swing down to test the bottom of the channel.
Traders who want to short should wait for the break down of the bottom channel,
which indicates more deep correction or the trend reversal.
Buyer should wait to confirm the end of wave 4 when price will break the top of channel.
The C leg of Zigzag should have 5 waves impulse downward. Which is now I can count only 4.
So, there might be another swing down to test the bottom of the channel.
Traders who want to short should wait for the break down of the bottom channel,
which indicates more deep correction or the trend reversal.
Tanakorn Koomrampai ,CMT, CFTe
FB page (International) : facebook.com/graphtechniq
FB page (Thai) : facebook.com/graphtechnic
Line @graphtechnic
FB page (International) : facebook.com/graphtechniq
FB page (Thai) : facebook.com/graphtechnic
Line @graphtechnic
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Tanakorn Koomrampai ,CMT, CFTe
FB page (International) : facebook.com/graphtechniq
FB page (Thai) : facebook.com/graphtechnic
Line @graphtechnic
FB page (International) : facebook.com/graphtechniq
FB page (Thai) : facebook.com/graphtechnic
Line @graphtechnic
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.