Bottomed, HIGHER

In my analysis 1.3726 is the retracement area for wave (ii).It will be my pleasure if the next movement is wave iii. Already use fibonacci retracement and what i get is 4 entry point level 23.6,38.2,50% and 61.8. I believe this is retracement and not reversal.The rally from 1.3608 certainly looks impulsive. Given the three-wave corrective fall into that low I would view any setback as an opportunity against the low.

Al yaqen's
yaqen.canteen@gmail.com

heading to north ;)

This is the latest movement for EU . Ive got 3 trendline here the green one is for bearish support,and the black one is bullish resistance. The red one croos over from the bottom is a daily trendline. I think price will play around this trenline. If bullish broke the trendline God willing EU heading to the north with 5 wave sequence Up. Ready to cath wave 3 :D. I will mention from time to time. Thank you.

Al yaqen's
yaqen.canteen@gmail.com

EU - Approaching a bottom, HIGHER

There is still the potential for a final dip toward the measured objective at 1.3600. With three waves down from 1.3853 to prior fourth wave support in the 1.3600 area I view recent weakness, regardless of how emotional it has been, as a correction. That means a rally to a new high is more than possible. A rally much above 1.3700 would bolster that outcome and a push above 1.3770 would confirm it.

Approaching a temporary bottom

Eu = tf 1h
This current bounce as a corrective affair should end at quite little if any above 1.3750, that is then followed bty a fall to a new low beneath 1.3697.

Al yaqen's
yaqen.canteen@gmail.com

sha la la

Recently Eu just make a new low at this moment. I still anticipated the next wave is wave b or 2 and will touching at 23.6% - 61.8% fibonacci retracement area and finally compose the 1-2-3 wave formation to get a clear shortem downward. As i mention in previous analysis this is not a major downtrend according to Dollar index chart because if we look at bigger and biggest timeframe bullish still remain. If 1-2-3 formation occur it look nyce to swing until 5 [ (i),(ii),(iii),(iv),(v)] wave down. Sekian.

Al yaqen's
yaqen.canteen@gmail.com

I still contend that price will fall beneath 1.3756 :D

Short term focus is on a probe down to a little beneath 1.3756. i would rather see this occur down from the 1.3846 existing high for the move, but I do recognize an altenate that allows for a near term modest breach of 1.3846 before commencing the desired assault on 1.3756. (effect from PMI maybe)

trade idea.
Sell @ 3815 tp = 3788 sl 25- 30

Al yaqen's
yaqen.canteen@gmail.com

let see what elliott wave say's and my chaos said.

low-high-lower high ??

This is latest wave i found,possible move for EU.

no update for a while

recently EU was very choppy,ranging,consolidation,sideway. No perfect trend and nice entry point. I also loss 1 position @ Eu huhuh. Eu are in correction and perhaps going to 1.4 or 1.39. I draw my trendline at tf daily and weekly,what can i say bullish still remain and quite far to break the trenline.

happy trading to all..

ok i try..

Erm EU look to shorterm downward.by the way this is possible movement. Either bullish or bearish. Color box is just my imagine the possible movement.If price goes up and hit critical area box,bye bye bearish huuhu.. . The key level is the level if the wave is invalid. Because in Elliott wave - wave 2 cannot retrace move than wave 1. So if scenario like this occur or happen,EU still bullish. But i believe shorterm downward will coming. huhuh phew..