EUREUSD ready for the next rally ?
Based on wave structure seems like we are close to the end of the correction (Diametrical formation).
From here, we might get a flat or a triangle next. But regardless, we can expect a 400 pip up move for now.
With a tight stop loss below 1.1749 and a buy stop above 1.1809.
R/R=1/8
From here, we might get a flat or a triangle next. But regardless, we can expect a 400 pip up move for now.
With a tight stop loss below 1.1749 and a buy stop above 1.1809.
R/R=1/8
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.