Not financial advice.
Hey guys TradeWithErv here again giving you guys another chart that I absolutely love! I LOVE the EURUSD and I'm extremely picky about what i trade. Reason being is because of how technical these charts usually end up playing out. When looking at this from the Daily (Like I always recommend doing when you first open up a chart) you can see that we CLEARLY had an impulsive wave up to set the 1 wave of the larger degree, just about finished putting in the 2, and are now about to take off and put in the 3 wave. Buy in anywhere within the golden zone of .618-.65 fib retracement and set a stop lose a few pips under the .65 to minimize loss. I've been personally waiting for the price to reach this point for a long long time and I would to see some people make some money if it plays out the way i think it will. Remember that this is merely a thought and it's not financial advice. Please do your own research!
Follow if you want, will be posting more about my other favorite charts that I'm watching!
-TradeWithErv
Hey guys TradeWithErv here again giving you guys another chart that I absolutely love! I LOVE the EURUSD and I'm extremely picky about what i trade. Reason being is because of how technical these charts usually end up playing out. When looking at this from the Daily (Like I always recommend doing when you first open up a chart) you can see that we CLEARLY had an impulsive wave up to set the 1 wave of the larger degree, just about finished putting in the 2, and are now about to take off and put in the 3 wave. Buy in anywhere within the golden zone of .618-.65 fib retracement and set a stop lose a few pips under the .65 to minimize loss. I've been personally waiting for the price to reach this point for a long long time and I would to see some people make some money if it plays out the way i think it will. Remember that this is merely a thought and it's not financial advice. Please do your own research!
Follow if you want, will be posting more about my other favorite charts that I'm watching!
-TradeWithErv