W1: - Structure: Downtrend - Tendency: Downward - Break support and confirmation ==> DOWN D1: - Structure: Downtrend - Tendency: Downward - Move up, test resistance -> Waiting signal => Sell H4: - Structure: Downtrend - Tendency: upward - Breakout minor resistance => Continuous Upward After: - Continuous downtrend ! Please support the setup with your likes, comments and by following on TradingView. Thanks
if u look at u r daily chart, u can see a clear 5 wave cycle bro...in lower TF 4H for example u can see a clear ending diagonal which usually happen in final 5 wave and if u look at weekly chart u can see a clear bullish engulfing hammer candle...all of these signal tell me down trend has ended around 1.1220 and we r in wave A of possible ABC pattern correction...in lower time frame we r in wave 1 of A and i think if we see a clear 3 structure wave after this upwrad move,,,we can consider that as wave 2 and buy EURUSD with 1.16000 atleast target...hope lot of pips for u bro
FXCM
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We have a bullish view bias on EURUSD. If it surpasses its horizontal resistance at 1.1419, we expect to see a further move up. Here’s our idea!
Trader_Dale
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We are still in downtrend :
Boon2
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EURUSD H4 Expanding Flat C up
phdieu
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I wish you recovery soon.
Alexga
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Hi bro , seriously I hope you recovery as quickly as possible, God bless you . I see you soon.thanks for all efforts you do.
AymanMazzal
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Is it still possible to get in on this one brother??
AlexKuptsikevich
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To my mind, here is a bullish trend:
Kevin_Zhang
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Good analysis on a technical basis but on the major 1-week timeframe, you might want to make notes for fundamentals as well. Morgan Stanley just noted that the dollar is likely to as a result of cheaper oil, slowing growth, stabilizing RMB, and tighter liquidity in their markets. So maybe watch out in case the downtrend doesn't last as long as predicted and price reverses into an uptrend instead when it weakens.