EU is nearing a swing low
On weekly chart EU made 3 major lower highs .after a steep decline it is nearing a support trendline as well as previous swing low.
DAILY CONFIRMS WEEKLY
The daily chart is in confirmity with weekly suggesting that we have a support at 3150 levels. Once this support is broken we may head to 2900 and then to 2600 which are base point for successive previous rallies.
WE ARE IN A 4TH WAVE
The eclipses marked show the waves of current downmove.aparently we are in a 4th wave. As of yesterday, there was not any sign of reversal on this timeframe too.
WE HAD A SUCCESSFULL RETEST AT 3300
A Candle marked in arrow with long upper wick represents successful retest of 3300 levels.
Unless until we have any unusual event, we are heading for 3150 and one should be to happy to book at least major portion of the profit and then wait for either breakdown or reversal and then take the trading decisions accordingly.
4xraghav 
A request!
Raghav sir,
I am completely blind on forex trading…FAQ kind of things( even don’t know what to ask) from you as information as i hear pip, higly liquid,no markets only inter banking ,forex trading is not legal in India.it would be great help you try to simplify
With warm regards,
Bikash kumar
Hi Bikash,
I have plans for every thing you can imagine….However all those things will take shape one by one..Do not worry….