EverythingForex
Giá xuống

TRADE: SELL@1.13035 Completed Bat + Shark B Point + Wave Count

FX:EURUSD   Euro / Đô la Mỹ
As per my recent post on this pair (see Related Ideas: " EURUSD: Building A Case For A SHORT Entry"), I am now entering SHORT on this pair after prices have completed the Bat pattern and displaying bearish price action. The upper trend line of the triangle pattern is not reached but is also not far away. Stop will go above that upper trend line giving this trade room to work keeping in mind my alternate wave count in case the patterns fail:

This is my 3rd trade on this pair trying to catch that wave (4) ending and the start of the wave (5) down. So maybe third time's the charm? Let's see if I got it right this time!

Good luck!

*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I will know my posts are useful to you. Doing so will encourage me to post more! As always, all constructive comments are welcome. Agree or disagree.
SPECIAL Commodities $39.99/mo http://bit.ly/2AZWhx4
List of my ACTIVE Trades: http://bit.ly/2JkoaR3active
Sign up to mailing list: http://bit.ly/2iNieEY
Facebook Group: https://www.facebook.com/efxselect
Twitter: @andrewefxselect
Website: efxselect.c
I think there is an obvious correlation between the GBPUSD and EURUSD pairs, hence there is a very good chance that price action will rally on both of them instead of the expected fall. At least for the moment, and at least to the 61.8 fib retracement of the last impulse leg, showing very nice on the H4 chart. On the GBPUSD there is obvious sign of further rally, taking into consideration the basic structure analysis and therefore I think that is premature to take this short trade, till further sign of reversal. Take a look at the GBPUSD chart I attached:
Phản hồi
Koryphaeen Koryphaeen
I would take this trade this way, taking into consideration the break above/close above of the price action in comparison to the previous minor structure high: (I will not take it, because I took the GBPUSD trade above and this would mean the same direction and expectation increasing exposure above my risk taking limit). Good luck!
Phản hồi
HELLO MY FRIEND, THANKS FOR IDEAS GOOD YOU
I agree with your previous ideas and new ideas about the EUR/USD And I have the same view.
And into position SELL,but Unfortunately,the now we have price rise, In your opinion, how far price rises
will have?
thank you
Phản hồi
The bearish bat move BC can be either .382 or .886 retracement of move AB. Your Bat has BC move on .618 retracement of move AB.
Phản hồi
EverythingForex peter.kralmail
It can be BETWEEN .386 - .886. NOT EITHER .382 or .886.
+2 Phản hồi
peter.kralmail EverythingForex
Thank you, now I know more :D
Phản hồi
EU wave iv might be end? price and time
Phản hồi
1380ish is where we have to go before we can leave this leg. No sell off until that is tagged. Not a maybe. 100%
Phản hồi
pecantree pecantree
They are head-faking everyone. We have been going through what is called absorption. There will be many series of what looks to be headfakes, but in actuality they are testing little legs as we rise higher in an ascending channel. Any selling should be short lived and considered a buy opportunity.
Phản hồi
pecantree pecantree
The true sell-off will occur around 1.1380's. By that time most retail will be looking long... and they can then take market down as there is nothing left to test. Best of Luck traders.
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người kiểm duyệt Giải pháp Website & Môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất