EUR/USD: bullish wave [iii]

EUR/USD: bullish wave [iii]

Image20171124063813001.png

There's a pullback from 4/8 MM Level, so the price is rising. It's likely that we're going to have bullish wave [iii] in the short term. In this case, we should keep an eye on +2/8 MM level as the next intraday target.

Image20171124063813002.png

Wave [ii] took the form of a double zigzag, so there's a developing impulse in wave (i). Considering that wave v of (i) is about to end, there's an opportunity to have a downward correction, which could be wave (ii) of [iii].

eur

Similar

USD/JPY: "High Wave" pattern

We could have just a local upward correction in the short term. Nevertheless, bears are likely going to test the lower "Window"...

Popular

EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera