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Lionheart-EWA
13 Ogs 2018 pukul 14.51

EUR/USD - Fractal Pattern - Bullish until 1.20 or 1.215 Panjang

Euro Fx/U.S. DollarFXCM

Huraian

"If you like what you see, please like and/or share. Thanks."

Here's why EUR/USD is bullish in my eyes:

1 - Corrective Pattern is about to be complete and a new Bullish wave should start.

2. Correlations and Wave Counts agree:
Next expected moves:
- DXY - Bearish Swing
- XAU/USD & XAG/USD - Bullish Swing
- GBP/USD - Bullish Corrective
- Indices - Bearish because of the VIX spike
- AUD/USD & NZD/USD are preparing Reversals

3 - Fractal Pattern.

This structure has been taken from the previous larger degree Corrective Structure which developed from March 2015 until December 2016.

After that correction, the EUR/USD started a Bullish Impulse.

Do you notice any similarities?

:)

Many pips ahead!

P.S. Follow me and trade like a champion!

* See my related ideas on EUR/USD.
* My details in the signature below.

Komen

EUR/USD - Weekly Chart
Previous Correction appearing again on Daily:

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Daily Chart:

Weekly Corrective Pattern unfolding again, as a Fractal.

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2H Chart:


Many pips ahead!

Dagangan aktif

Unfolded as planned.

Don't get fooled by the selling spree and this bear trap!

EUR/USD is destined to rise, just have a bit of patience.

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1st Bullish Leg complete, time for the Bearish Correction:

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KAWABANGA!!

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Bullish .. here we go!

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mero1988
good chart. I totally agree with your count o 1h chart and direction on daily but I think downward from 1.25 to 1.13 was wave a and now we in b wave
Lionheart-EWA
@mero1988, Hi, thanks for the comment.
I am labeling the big fall as Intermediate (A) (red), not sure you seen it.
We are in a B wave, yes.
According to how it will develop, the structure will reveal.
mero1988
@Lionheart-EWA, YES I SEE INTERMEDIATE A wave but i disagree with you about its end i think the end of intermediate A wave was at 1.13 low
Lionheart-EWA
@mero1988, If you are counting it in a 5 swings sequence, then yes. I am not. On the lower timeframe I am labeling the complex structure before the last fall as a combination, so, as it unfolds, I will have more details. Not sure what we're doing here, focusing on perfect labels or the actual direction. It went up, I am in the green, that's what I see and focus on.
mero1988
@Lionheart-EWA, many elliott traders agree with you we are going up and the market will reveal the nature of wave .so going in b or 3 or any thing else dosenot matter and this is best of EW
Lionheart-EWA
@mero1988, Indeed, so far I caught the turning point and that's what trading is about. How it will unfold and what type of structure will be exactly, that remains to be seen in the near-term.
mero1988
@Lionheart-EWA, last thing the direction from 1.13 is an impluse wave and we are in 5 th wave
Lionheart-EWA
@mero1988, I know, no worries, just updated the idea with an intraday chart, correction then then we'll see how this unfolds.
mero1988
@Lionheart-EWA, thanks for replying
r5e5g1
Is this set up still valid? This Bear run has been running with reckless disregard.
Lebih