Hey traders! Here is an updated wave count on EURUSD. I'm looking for a bearish impulse to set off a potential wave-c. My preference is to sell the pullback on wave-ii-of-c and put a tight stop behind the start of wave-i. I will continue to update when waves complete or if I take a trade.
Note
As predicted, EURUSD has fallen off into wave-c-of-(Y)! Unfortunately, I was asleep for the break and pullback, but that would've been an excellent opportunity to short against the trendline with a very tight stop and a huge R/R. Hopefully somebody out there got it!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.