EURUSD - Trends, Forecasts and Implications (Part 1) - page 484

 
forte928 >> :

I now expect a move to 1.4784 and a second continuation point of 1.4714...

I understand this is the end of wave C or 2 on the minute chart)))) but I have a pronosis of 1.4785 and then who knows.... maybe really a triangle on H1....

 

I certainly have a very strong suspicion but it is likely to move towards 1.4950...According to the calculations this point of movement turns out to be on the H4.

 
EricGR писал(а) >>

that's good, as I'm still waiting to close the position... So is probably the author of the question)))

Where can I get advice on trading strategies here?

That's just my opinion and I wouldn't advise trusting it too much - I'm often wrong.

Yes everyone here advises all the time in this thread.

 
forte928 >> :

Of course I have a very strong suspicion but it is likely to move to 1.4950 ...Calculations show this point of movement on the H4

at what timeframe approximately?

 
Noterday писал(а) >>

What is the approximate timeframe?

The timing of course depends on the speed of the price movement but in my opinion if you take the average angle of the trend upwards then Thursday-Friday...

 
forte928 писал(а) >>

It wouldn't reach the 6th point, I know it beforehand, because the ebullient has its own peculiarity, so it really happened... I beat off the elbow in full measure, but at the same time today I learned to fully identify the reversal points, there is one more advantage of mistakes and I have played in the plus... Now I expect the movement to 1.4784 and the second point of continuation of 1.4714...

 

and this forecast must be FANTASTIC ?????

 

What makes you think the movement should go to a given point?

 
avatara >> :

>Dow Jones Newswires column, by Stephen Cox


DJIA NASDAQ S&P 500 euro/dollar dollar/yen Nikkei Gold /COMEX/ Oil /NYMEX/ Dollar index
Next Resistance 10282.70 2090.70 1064.98 1.4928 92.10 10241 1062.70 1076.60 79.53
First resistance 9933.40 2069.40 1044.31 1.4832 91.56 10070 1056.40 1066.10 78.40
First support 9511.40 2025.50 1007.51 1.4625 89.66 9635 1037.80 1043.80 76.04
Follow-through support 9319.80 2006.20 975.30 1.4552 88.63 9483 1020.40 1037.80 75.71

>/Steven Cox, a certified technical analyst, is the chief technical analyst at Dow Jones Newswires.

NEFT at 1066?

:0)

 

Even with all the desire to reach this point, price has to make pullbacks in order not to break through the resistance line in time.