EURUSD Higher Timeframe Analysis
Looking at the higher timeframe analysis, we can see that EURUSD is moving impulsively in the last period of time.
Impulsive move is made up of 5 waves
- Wave 1 = Wave 3 = wave 5 = 5 waves
- Wave 2 = wave 4 = 3 waves
We are now in subwave C of wave 4. Expecting a move down to our buy zone where we'll be looking for buys targeting 1.13 level.
If interested in trading subwave c, watch for a pullback and ride the move down after the breakout.
Good Luck and trade safe!
Impulsive move is made up of 5 waves
- Wave 1 = Wave 3 = wave 5 = 5 waves
- Wave 2 = wave 4 = 3 waves
We are now in subwave C of wave 4. Expecting a move down to our buy zone where we'll be looking for buys targeting 1.13 level.
If interested in trading subwave c, watch for a pullback and ride the move down after the breakout.
Good Luck and trade safe!
Penafian
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