Hi friends,
For a long time I am talking about the EUR and that I think it’s all bluff. I you remember my words, I said I see 1.35-1.37 as the end of the up move, and after the correction, maximum 1.40-1.42…
Well, 1.40 was never taken… 1.37 turned to be a good strong top.
So, what’s next?
I see a bearish convergence on the EURUSD now while it also broke through the daily stiff trend line. As I teach in my book, Sell the rally Buy the valley, which you can find here (
Click Here),after bearish convergence we can expect for correction and after correction we should look to sell.
So that’s how I see it goes from here, most likely:
EURUSD (Click to enlarge):
So far, I was right about the top. Time will tell if it will drop back to 1.27-1.29 range, which is my target.
I wish you happy forex trading.
Yours,
Vladimir Ribakov
www.vladimirforexsignals.com/
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of December…
Hi Traders! GBPAUD short term forecast update and follow up is here. On October 21st…
Hi Traders! AUDUSD short term forecast and technical analysis is here. We do our analysis…
Hi Traders! USDCHF short term forecast follow up and update is here. On October 16th,…
Hi Traders! CADCHF short term forecast and technical analysis is here. We do our analysis…
Hi Traders! Bitcoin short term forecast and technical analysis is here. We do our analysis…
View Comments
Great article.
Great post.
Hi John
Thanks a lot! I will upload my review today
Hi Gurthan
I will explain my view later today in my weekly review
Hi Alex
Thanks and I wish us all amazing profits!
Thanks my friend!
Wonderful week to you too!