EUR/USD Long
EUR/USD has finally come alive.
I have the count on the last sequence as a 5 but cant see the counts clearly beforehand as its just a mess.
Either way, constructuve on EUR/USD for the next 2 weeks or so. Either we see an ABC correcton or the start of a potential Wave 3. Either way, appears if EUR/USD may be in the begnning of an uptrend.
Targetng December High at 1.2400 with further potential to the upsde off an entry at the 382/50 levels on a LTF.
There is an outside Bar on the 4 Hour chart so we can watch this signal for a small retracement to the 382/50 leg of the first Wave.
If we fall beyond the 618, will re thnk for a likely test down to the lows.
I have the count on the last sequence as a 5 but cant see the counts clearly beforehand as its just a mess.
Either way, constructuve on EUR/USD for the next 2 weeks or so. Either we see an ABC correcton or the start of a potential Wave 3. Either way, appears if EUR/USD may be in the begnning of an uptrend.
Targetng December High at 1.2400 with further potential to the upsde off an entry at the 382/50 levels on a LTF.
There is an outside Bar on the 4 Hour chart so we can watch this signal for a small retracement to the 382/50 leg of the first Wave.
If we fall beyond the 618, will re thnk for a likely test down to the lows.
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.