EURUSD - Trends, Forecasts and Implications (Part 2) - page 483

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olivero:
Yes. Only we may go flat for a week, another week forming the fourth, and then do the fifth, and everything will be within the channel. By the way, the fourth is very often in triangles, i.e. - flat.... Imho...


I will try to describe in my own words how the channel works if it turns out that I'm wrong, I will accept your comments.

So, to draw (parallel) channel, you need 3 points in our case we have 2a LY and 1n HAY, by =LY we draw a trend line, then transfer it to HAY, so as practice shows, during the 2nd approach to the trend line, the price bounces in the opposite direction and in 95% of cases (5% will be left for some force majeure) the 3rd approach should break through the trend line in our case, drawn by LY

 
antoniofx:

you wrote that you opened a sale with that stop,

did the stop work or did you move it higher?


Do you expect a move above 1.38 on Monday?

or is it still time to pull back by 200-300 pips?

The stop triggered -50.

I do not expect more than 50-60 pips upward movement at the beginning of next week.

I totally agree with Galina that next week will be a correction (4th wave), I expect something like this (blue rectangle):

 
strangerr:

The stop triggered -50.

I don't expect more than 50-60pp to move up at the beginning of next week.

Completely agree with Galina that next week will be a correction (4th wave), I expect something like this (blue rectangle):

Strenzier tell me you posted this I mean the bottom picture ???
 
Bocman:
Strenzier tell me you posted this I mean the bottom picture ???
The distance matrix.
 
strangerr:
The distance matrix.

And it turns out that eva's targets are close to parity.
 
Bocman:

And it turns out that Eva's goals are close to parity I understand correctly.
I counted manually, I got about 1.15, I don't remember exactly, but what does Eva say?
 

If you look at the veks, the level is around 1 1230- 10750 depending on which angle it goes there

 
RekkeR:

You can also see it like this.

Or like this. But there will be no dip from this point, you have to draw another 4th and 5th wave (the ellipse).

And here's something else to think about.

 
strangerr:

Or like this. But there will be no drop from this point, you have to draw another 4th and 5th wave(ellipse).

- My point is that she and can draw another ellipse on the right, there will be a second Euro bull-bear egg on the screenshot as well. Back view.

 
strangerr:

Or like this. But there will be no dip from this point, you have to draw another 4th and 5th wave (ellipse).

And here's more to think about.

Comrade, on the right track.
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