Ftradorex

Simple chart analysis EURUSD update.

Long
Ftradorex Mis à jour   
FX:EURUSD   Euro / Dollar Américain
Chart is going as predicted. It already went above H. peak and will need to reach more to do the 3 to 4 of fibonacci.
  • For a well E.W. structure, point 4 can't touch point 1. If a bearish peak does it, then it will form another wave and much higher.
  • I'm expecting that fifth peak will be below 400%. Maybe 338%
Transaction en cours
Transaction en cours:

I jumped the first small wave thinking E.W. will not accept it. But following it, makes chart already reach the limit. Knowing this, chart may go short on news, but if I was right from the beginning, chart will go long.
What do I think?
USD will go long.
play wise guys.
Trade fermée: ordre d’arrêt atteint:

Chart formed an Head and Shoulders pattern and went bearish. It followed the first wave then.
Transaction en cours:

I found the E.W. of the recent downtrend. It will go more bearish.
Trade fermée manuellement:

By adjusting the fibonacci on 100R, I nottice that chart touched the 300%. Therefore, this trade will be closed manually.

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