Trade Update: Euro is the “superstar” once again

 

This is one of those rare thing that only Wolfe Wave can predict… Euro is beaten down hardly in past many days yet you got 3 bullish waves emerging in it. If you are not following WW then you were probably going to short Euro and Long USD… right? oh come on.. it had broken all the support levels it should fall below 1.36 in that way… but I guess not, it should bounce back and not like a dead cat this time.

Largest Wave: Daily Chart , Target : 1.4555

Second Wave: 4HR, Target: 1.4160

Minor Wave: 1HR, Target: 1.4040

All of them have single Stop Loss: 1.3850

Our Entry Zone: 1.3875-1.3885

My Entry Level: 1.3889

Current Level: 1.3920

Related Posts:

http://blog.vikasverma.com/2010/01/trade-update-eurusd-short.html

http://blog.vikasverma.com/2010/01/trade-update-eurusd-pattern-looks.html