EUR/USD - Fractal Pattern - Bullish until 1.20 or 1.215
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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.
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.
Kommentar:
Daily Chart:
Weekly Corrective Pattern unfolding again, as a Fractal.
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2H Chart:
Many pips ahead!
Many pips ahead!
Trade ist aktiv:
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.
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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Previous Correction appearing again on Daily: