Forex EUR/USD Daily Video, 05 September, 2019

Sive Morten

Special Consultant to the FPA
Messages
18,635
Good morning,

Despite that EUR hits our target, this happens too fast, which means that we could get more extended upside retracement:





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.
 
I see it so: if not break up, then we might be again in ending diagonal. Below 1,10167 deeper retracement follows.
On 5min looks so now..
Must add: on 5min 1st move could already be 3rd and with flat correction 4th could be in place with this move downn, Break above 1,10443 would be proceeding to up, break below 1,10167 down..
 

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