The day of Monday will be crucial to understand if EU will open the new candle remaining above major target reached in week or if will revolve below.
The Idea to find upside direction with the first target to 1,137 and 1,142, 1.1450.
Let's see.!!!!!!
Have a nice weekend.!!!!!!!!!!!!!
Bang on....We booked 100 pips in last 2 days first a fall from 1.1175 to 1.1155--1.1165 zone...EU made a low in Triangle just below below oval shape at 1.1155...Then we took stop@1.1149 & flipped our position to longs for target 1.1230--1.1250...........EU Made a high@1.1233....Retraced exactly 61.8% of the complete fall from 1.1428 to 1.0910 at 1.1233--Today...
90 pips + & look the bounce exactly from 1.1155 as per the previous update--EURUSD-Update-13-(Waiting for Most exciting Wave)...
Regards,
Abhishek H.Singh,CMT
EURUSD-- (L-S) Long First Again & Short Later Post Breaking Key Support Level)..Current Price-1.1175....The price movement from 1.1197-recent high is corrective & if it is taking form of a triangle which is valid for 4th Waves...we shall look for a thrust upside crossing 1.1197 high & making a new high...This correction should not go below 1.1154 (taking -5 pips...
Look How Wave gets support & making a low@1.1155 post d-wave as shown in "EURUSD-Update 13--Waiting For Most Exciting Wave"
Here EU took U-turn exactly 5 pips away from our stop loss (life guard -5 pips) & zone mentioned clicks (1.1155--1.1165)...Just made recent High@1.1184...
Current price--1.1180...
In current scenario it shouldn't go below 1.1154 ....& look...
