Tag - eur

EUR/USD: triangle in wave [iv]
EUR/USD: triangle in wave [iv]

Wave [iv] has been ended on 1/8 MM Level, so we've got an upward impulse in wave (i). In this case, we could have...

EUR/USD: "V-Top" pattern

The last "Pennant" has been broken, so bulls pushed the price higher. Also, we've got a "V-Top" pattern, so the price is consolidating.

EUR/USD: euro may go higher
EUR/USD: euro may go higher

Narrow bullish Ichimoku Cloud with rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen and rising Tenkan-sen and Kijun-sen; the prices are supported by Tenkan-sen and Kijun-sen; the bulls are ready to continue uptrend.

EUR/USD: bullish
EUR/USD: bullish "Engulfing"

The 55 MA has acted as support, so we've got a bullish "Harami" on this line. However, there's also a "Shooting Star" pattern, so...

EUR/USD: price still consolidating
EUR/USD: price still consolidating

There's a possible double zigzag pattern in wave (b), so we've got a bearish impulse in wave i. Therefore, we're likely going to...

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