Forex EUR/USD Daily Video, 03 September, 2019

Sive Morten

Special Consultant to the FPA
Messages
18,564
Good morning,

EUR can't go down too fast due daily oversold level. As price has hit our daily XOP target, today we expect tactical upside bounce on intraday charts:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
As long wave 1 is not hit wave 5 is possible, maybe just for few pips lower..
I expect higher wave up, in my oppinion price should enter into fist leg down arround 1,026..
 

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  • 20190903_10.57.Chart_EUR_USD_Hourly_snapshot.png
    20190903_10.57.Chart_EUR_USD_Hourly_snapshot.png
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As long wave 1 is not hit wave 5 is possible, maybe just for few pips lower..
I expect higher wave up, in my oppinion price should enter into fist leg down arround 1,026..
Missing bulls make me think about ED as 5th..
 

Attachments

  • 20190903_14.25_Chart_EUR_USD_15 Mins_snapshot.png
    20190903_14.25_Chart_EUR_USD_15 Mins_snapshot.png
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