empty
 
 
28.09.2021 06:22 PM
EUR/USD for September 28. Ways to gain in EUR/USD pair today; detailed analysis on H4

Hello. We continue to analyze the EUR/USD pair using Elliott wave theory.

EURUSD H4:

This image is no longer relevant

According to Elliott wave theory, the EUR/USD pair continues to form an upward impulse wave. It is assumed that the market has completed the ascending wave formation (1). Besides, it is likely the end of the descending correction (2), which is double zigzag W-X-Y.

Consequently, in the coming trading days the market is expected to rise within a larger impulse wave (3). The first target for closing trades is at the previous high of 1.1911, which was marked by the sub-wave (1) and correctional wave (4), which is a part of the horizontal correction 4. After reaching the specified price level, the market may keep expanding.

If trades are opened from the current level and take profit is set at 1.1911, it is possible to gain 228 pips.

Good luck!

Roman Onegin,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback