empty
 
 
Back Wave analysis
analytics6a01d92d4de37.jpg
Back Wave analysis
EUR/USD Analysis – May 11th: The Shock Was Short-Lived
The wave pattern on the 4-hour
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
The wave pattern on the 4-hour chart for EUR/USD has changed somewhat. There is still no indication of a cancellation of the bullish trend segment (shown in the lower chart), which began in January of last year, but the trend structure now appears highly ambiguous. In such situations, I always recommend switching to a lower timeframe (upper chart) and focusing on the simplest and smallest wave structures in order to make a short-term forecast, which is sufficient for opening trades.
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Chin Zhao,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Alexander Dneprovskiy
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 $9000 more!
    In May we raffle $9000 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
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback