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Re: Clear Recomendation For EUR/USD (Elliot Analysis)
On dayli an weekley chart is the same analysis as usual i keep the same view as the last couples of month. Traders who went LONG for middle-long term trades are wining now several pips
About intraday we have to keep an eye on two important points the first is 1.2048 that is the imun possible target for the W5:1 of 3. but i think than W5:1 of 3 is already in place at 100% Alternate Price Projection of the W1:1: of 3. marked as 1.2025 (high was 1.2030 to be accurated)
If thats the case then a correction to 1.1944 is expected so for those who want to go Short be carefoul take a deep look at the Oscilator wait fot trend reversal 1.2048 seams to be a good stop.
Next point is 1.2092 take a look of the daily chart after that point is brake a quickly move to 1.2321 is expected
I personally will wait for the correction to be in place or wait for the final move of these W1 of 3 then go LONG after the correction for the W3:3 of 3. I prefer to run with the trend always
Kindest Regards
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