Sive Morten
Special Consultant to the FPA
- Messages
- 18,621
Good morning,
We need some rally to sell on EUR. That's what we intend to watch for on next week:
We need some rally to sell on EUR. That's what we intend to watch for on next week:
Forex EUR/USD Daily Video, November 15, 2021
- Thread starter Sive Morten
- Start date
Glastonburyk
Recruit
- Messages
- 118
Sold off early
Thank You, Sive, great work..
IMO, based on Daily candles (2nd consecutive low without overlaping 1st candle and 3rd wave is never shortest), there is (almost) no chance to go lower than 1,14175 without at least entering 1st candle first.. to buy small immediatelly with SL @1,1416 or to wait to come (slowly) closer to 1,1420 with same SL ?
https://www.tradingview.com/x/rDcvLne5/
Tiny chance is to turn into expanded 3rd wave after so strong 1st wave.. move below 1,14175 will tell..
www.tradingview.com
IMO, based on Daily candles (2nd consecutive low without overlaping 1st candle and 3rd wave is never shortest), there is (almost) no chance to go lower than 1,14175 without at least entering 1st candle first.. to buy small immediatelly with SL @1,1416 or to wait to come (slowly) closer to 1,1420 with same SL ?
https://www.tradingview.com/x/rDcvLne5/
Tiny chance is to turn into expanded 3rd wave after so strong 1st wave.. move below 1,14175 will tell..
FX:EURUSD Chart Image by minimax24
Tricky.. looks like both directions could happen although IMO we are going into 5th ED down, maybe just to hit LL to a pip... SL @1,14182..
www.tradingview.com
