TradingView
Lionheart-EWA
13 Th08 2018 14:51

EUR/USD - Fractal Pattern - Bullish until 1.20 or 1.215 Giá lên

Euro Fx/U.S. DollarFXCM

Mô tả

"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.

Bình luận

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

Bình luận

Daily Chart:

Weekly Corrective Pattern unfolding again, as a Fractal.

Bình luận

2H Chart:


Many pips ahead!

Giao dịch đang hoạt động

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.

Bình luận

Bình luận

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

Bình luận

Bình luận

KAWABANGA!!

Bình luận

Bình luận

Bình luận

Bình luận

Bình luận

Bullish .. here we go!

Bình luận

Bình luận

Bình luận


Bình luận

Bình luận
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.
Thêm nữa