edoyuwon1909

edoyuwon1909

The Price Break the nearest support but i do not think the uptrend is over As long as the 1.08330 is not break, our bullish bias is still valid I suspect its a flat correction - ABC like i tag on the chart A is corrective wave (ABC) B is corrective wave (ABC) C is motive wave (12345) after C, the trend will break... what do you thing our next move is? Good...

edoyuwon1909

If you miss the position in the support last week, its better to wait or pullback before entering the market tis is just an idea, dont bet your life for just an idea use a proper lot size, money management ill keep you trade :) see you and wish you a great luck!

edoyuwon1909

NFP move the price downward but failed to break 1.1, We are expecting a bullish impulse toward 1.11 before the last corrective wave E

edoyuwon1909

as my previous post, it's an Ascending Triangle the NFP seem to move the price to complete the wave (b) of wave (D) , then right now we see the beginning of wave (c) of (D) I believe the wave (D) would be complete on Monday, I set TP at 1.11 There is always a probability that the correction is ABC and not ABCD, so the price will break the resistant, but i...

edoyuwon1909

this is an update version of my previous idea, the idea is the same, it's an ascending triangle before the breakout what is missing in the previous idea is the last higher high of wave (D) if it happens in NFP hour, it may traps us into a false breakout I suggest, we only take buy position on pullback and not in the price breakout there are 3 scenario i can...

edoyuwon1909

The pattern may not a perfect ascending triagle, but e see no Lower low so far, so I am expecting a bullis breakout on tomorrow's NFP Write your opinions on below and let me know

edoyuwon1909

for me no break of structure down means no short position.... share your thought on eurusd below....

edoyuwon1909

Assuming te wave 3 is over, te correction will be around 38% and not more than 50%

edoyuwon1909

yesterday the d1 candle broke the resist, i think te price will go up to the resist of the channel

edoyuwon1909

Until the end of last month, my bias is bearish on EURUSD but as we can see on the chart, the price seems failed to break the support. so I think we sould change our bias to long position. but we need a good entry to avoid losses because it can be long sideways hope you have fun :)

edoyuwon1909

Its forming hammer candlestick (d1), and i think the 1st impulse wave of wave c is forming It is either 50% retracement or 61% retracement Demand area is on 61% retracement so ill place tge target to 50% retracement but i will start to think about buy action at 61% retracement And because its predicted as wave C, i warn the people who take buy position, wave C...

edoyuwon1909

its the alternative wave count from the previous post but still bearish forecast, to 50% correction

edoyuwon1909

it will complete the correction to 50% retracement

edoyuwon1909

RSI < 70 and the price reach the resistent. Strong Sell