EURUSD Long

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Potential End of Wave 5 Projection. W1 is a strong impulse wave, W2 is a more complex 5 wave sideways pattern, W3 is the longest wave and strong impulse wave to the upside. As W2 was a complex pattern, I would expect W4 to be a simple ABC pattern correction, which it is. W4 also pulls back close to the end of W1 (without overlapping) which gives a good indication there is potential for a move to the upside.
Dagangan aktif
Still in trade. Moved stop to break even.
Dagangan aktif
Still in trade. Stop moved to profit position.
Dagangan aktif
First profit target reached.
Stops also moved.
Dagangan ditutup: sasaran tercapai
Both targets reached. Trade closed.
Wave Analysis

Penafian