EURUSD - Trends, Forecasts and Implications (Part 2) - page 697

New comment
 
and then down to 1.372- 1.376 ?
 
terentyevdd:
and then go down to 1.372- 1.376 ?

Bye, bye then we'll go :)))
 
A buy signal is really brewing, but it's not there yet.... So we wait, but a fight is possible easily....
 
strangerr:

Bye, bye later:)))

OK, we've worked together to turn the stringer upwards, maybe now the price will go there too?
 
gip:

OK, we've made a concerted effort to unravel the stranger, maybe now the price will go there too?

I mean sleep)))
 
=))
 
rensbit:

I think so far, but we will have to watch where the E wave finishes, it may not reach the border, and may even fly over it.



Are you counting the course of the waves in a converging triangle?

If you look at the triangle, its breakthrough occurs in the fifth point, which corresponds to a breakthrough of the support line... At the moment, on H4 clearly formed structure reversal wave structure reflection from the fifth point and a move down to 1.3435 with a corrective move ... then observed five wave its end just at 1.The course of this wave down to 161% which coincides with the course of the vulf wave to the level of 1.3425 + / - 4%. Another indicator of the change of direction is the compression of the bollinger bars (pink line high TF (D1)) - which also informs about the price movement to the lower Bollinger band and its reversal downwards.

On the daily chart we see the reflection of price from the upper limit of the bollinger band of weekly TF and its move to the lower boundary.

The weekly chart clearly shows the structure of market participants' moods - in this case the red square shows three downward candles, which inform about the change of direction downwards The fourth candle at the moment is the current week ... to all other things the course of the euro from the minimum of the beginning of the summer with the correction takes place at 161% of the first rising wave that corresponds to the classic movement pattern with clearly visible corrective move from 100% to 61% is therefore unlikely the presence of the move upwards, given these two factors and the factor described by the daily timeframe.If we consider a variant of growth of the euro to 1.43 it is exit behind level 161% Fibo but at a classical form of movement of the euro the lengthened wave corresponds 205% that is level in 1.46.

From all aforesaid it is possible to draw a conclusion that presently we observe a global trend reversal which includes a move of 1200p preliminary between the borders of a 4 month channel and as was described before a trend change to a long term monthly

 
strangerr:

Bye, bye later:)))
So you think the price will reach 1.372-1.376 and we are done for today.
 
factor_admin:
So, in your opinion, the price will reach 1.372-1.376 today and you can safely go to bed now
he writes it that way on purpose) leaves some room for retreat)) If price goes up, he says: I told you to buy, why did not you buy? And if the price goes down, he says: I did not say buy, I said buy, goodnight )))))
 

I see a backlash coming...

1...690691692693694695696697698699700701702703704...1889
New comment