Commencez
glennmercer

EURUSD Wave Count and Something to Consider

Long
Euro / Dollar Américain (FX:EURUSD)  
glennmercer Mis à jour   
FX:EURUSD   Euro / Dollar Américain
EURUSD Elliott Wave glennmercer gmercerfx wave waves wavetheory Symmetrical Triangle Triangle sidwayscorrection correctivestructure trendcontinuation doublethree doublethreecorrection
20
0
eurusd elliottwaves glennmercer gmercerfx wave waves wavetheory symmetricaltriangle triangle sidwayscorrection correctivestructure trendcontinuation doublethree doublethreecorrection
EURUSD is currently rallying with a second impulsive wave toward the top of the declining channel. The pair may see some resistance at these levels as wave-(c) did not surpass the start of wave-(a) and a sideways symmetrical triangle may be underway prior to the continued rally. The channel resistance may add to the bearish bias at these levels. I am still bullish on the pair, and retracement to wave-(e) may present an excellent opportunity to add to bullish positions for the continued rally through the completion of corrective wave-C.

Bullish Entry:
Long EURUSD: Potential Rally Through (iii)-of-C
Commentaire:
Point (d) confirmed, waiting for (e) to complete and confirm with a bullish impulse. This would likely mark the beginning of wave-(3)-of-C and a break out of the channel is expected.
snapshot

Idées en relation

glennmercer
EURUSD Long: A second Entry at Triangle Completion
glennmercer
BCEI: Possible Ending Diagonal to Spark Huge Rally
glennmercer
Long EURUSD: Potential Rally Through (iii)-of-C
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.