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...