Euro / U.S. DollarShort
EURUSD UPDATE: Fourth Wave Continues
Hey traders! Hope all is well. Just dropping in for another quick update on EURUSD.
Here is a link to my previous count:
Wave-3-of-(5) has completed as predicted out of the symmetrical triangle and found support near long term lows as we would expect from the wave count. Now, I expect further sideways movement in this area with a possible break to the downside coming within the next week or so. When that impulse occurs, I want to sell toward the completion of the fifth wave. I've outlined a few possible scenarios. Good luck and Happy trading!
Here is a link to my previous count:
Wave-3-of-(5) has completed as predicted out of the symmetrical triangle and found support near long term lows as we would expect from the wave count. Now, I expect further sideways movement in this area with a possible break to the downside coming within the next week or so. When that impulse occurs, I want to sell toward the completion of the fifth wave. I've outlined a few possible scenarios. Good luck and Happy trading!
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