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Wave-Trader
Oct 29, 2017 11:20 AM

EURUSD Watch breakdown for one more leg down  Short

Euro Fx/U.S. DollarFXCM

Description

Hi there, We are having very nice bearish fall on EUR pairs. We are having very nice trend continuation trade setup on this EURUSD pair for short term.Watch for breakdown and look for sell before the breakdown. Couple of more candles can form for upside before we are having breakdown. In case price break above the previous high and do not breakdown then it will change the bearish pattern formation. As long as price will stay under the previous high look for short. Trade with care and use only that much risk which you can afford to lose. Dont Trade with that money which you cant afford to lose. Every Single trade is not a winning trade so use risk according to that.

Comment

Correction is getting bigger watch top

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Breaking nicely enjoy your trade fellows. And look for further downside

Comment

We are still in continuation formation. But Correction is getting bigger if you are in short best to take off on break even and get in again once we will see the Completion of the bigger correction. I will try my best to update the https://chart.https://www.tradingview.com/x/JoluBlox/

Comment

We are still in continuation formation. But Correction is getting bigger if you are in short best to take off on break even and get in again once we will see the Completion of the bigger correction. I will try my best to update the https://chart.https://www.tradingview.com/x/JoluBlox/

Comment

Watch breakout couple of more bars may appear.

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Comments
ejssxiu
thank you for the analysis!
Danidiaz1977
I am in from the yesterday breakout, first setup. I hope finally drop
Profound_Ambition
I'm expecting a retracement to broken daily H&S neckline
viking-EW
@eazywayout, I agree on that, and it would also be a 38.2% retrace almost to the pip. However, don't be surprise if it continues even higher and make a false rebreak of th eneckline, up to 50% or even 61.8 before turning down, especially if the move happens during low liquidity.
luutuan
thanks for sharing
TimStuyts
thanks for sharing. I just uploaded my dollar outlook. enjoy the profit and safe trades
vujupaloyase
Thank you for the analysis Wave-Trader
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