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Updated Wave 5 to Wave 3 and New Target
Euro / U.S. Dollar
Long
Updated Wave 5 to Wave 3 and New Target
By tricor2000
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Jan 22, 2021
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Jan 22, 2021
We are updating our wave count to the start of a Wave 5 up of an ascending impulse... previously we were looking for a wave 5 completion.
Price retraced to the .236 fib retracement and bounced perfectly.
Our daily momentum is bullish. We received buy signals from our indicator.... but we have entered no trade.
For our trading plan, the weekly PUMBA momentum must reverse from bearish to bullish for alignment.
Waiting for the clear entry signal to enter 2 trades.
Elliott Wave
elliotwaveanalysis
Fibonacci
multipletimeframe
Oscillators
tricor2000
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