AriasWave

AW Euro Dollar Long Trade Buy Setup - Possible 18:1 Risk Reward.

Long
FX:EURUSD   Euro / U.S. Dollar
Check out the latest wave count for the Euro.

In this setup we are one step closer to the EURUSD pair moving higher.

There is one wave that occurred at this recent high that explains the confusion experienced recently.

I also went back and corrected some potential misidentified counts at the beginning of this recent Wave 2 correction.

Hopefully this time we actually start to see impulsive price action moving higher.

Entry: 1.09297.

Stop: 1.08518.

Target: 1.23436.

Remember to use Disciplined Money Management Principles to ensure longevity as a trader.

If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?

Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.

***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***

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