EURUSD - Trends, Forecasts and Implications (Part 2) - page 1390
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
As I said, probably update the high before a correction(https://c.mql5.com/mql4/forum/2011/01/eur3.jpg)
I don't think so (at least not significantly), otherwise we will get into the first wave
Don't you think your S of 4 is some kind of incomplete, and if you give it a zigzag shape, that's what it will be... (otherwise we will get into the first wave) and we will go to 1.4215-4220
"and we will go to 1.4215-4220" - no, the rules for the impulse (on the weeks) are broken, so down, far and away.
At most we will go up to 1.3482.
I have C of 4 "five" marked, so wave 4 is flat (3-3-5) as a result.
"and we will go to 1.4215-4220" - no, the rules for the impulse (on the weeks) are broken, so down, far and away.
At most we will go up to 1.3482.
Decide for yourself EURCAD. The black lines are the main reversals downwards. And by how much, it will be seen
I have a suspicion that we will fall more, about 1200 pips, but we'll see.
I meant below the last 700-800 low. And I said that very modestly, with a reserve.
Sarkozy once said last year that the EU was fine with 1.30 as exports felt more or less OK.
Next week in the US there will be reports from the big companies, good numbers are expected.
But be prepared for anything, they may push well higher to collect more stops, momentum is gained in the weeks.
At the moment it's all about the cloud (support/resistance) ...
On H1
On H4 the situation is unclear ... On the vertical line it looks like it should start falling.