CURRENCY PAIR ANALYSIS : EURUSD (6E Futures)
METODS of ANALYSIS : EWA/EWP (Elliotte Wave Analysis/Principles)
TIMEFRAME: Hour 4 (240 min)
INDICATORS: EMA 300 (closed)
INVALIDATION LEVEL: 1.08796
STOPLOSS : 1.09300 (cause of ask price)
TAKEPROFIT : Target 1 - 1.00000 (real - big trades)
1-st : VAH - 1.00065, POC -0.98123, VAL - 0.95986
2-nd : VAH - 0.90499, POC -0.87826, VAL - 0.85159
NEW MOON : - 28/01/2017 (Correction/Decline)
The EWA/EWP made by Trader - Sabira Tengri (Powerful Traders)
VARIANT 1 >>>
The EUR/USD pair fundamentally has bearish tendency. 1-st variant: The Elliotte Wave Analysis shows, the possibility of rapidly decline the price in the extension model of 3-d bearish wave. In this case, we shall see the bearish rally to the next targets 1.00000 & maybe 0.97000. S/L - 1.09300
Please rememder, Trading is always Risk! Be care yourself!
Best Regards & Happy New Year wishes Team traders of Kazakhstan "Powerful Traders" ;)