Hello Traders,
EURUSD has formed a Wolfe Wave in H1. Both Gwaves and my Model are pointing to the same area (highlighted in green). I don't expect new highs to be taken out just yet as the larger time frame suggests lower lows (see related link).
EURUSD has formed a Wolfe Wave in H1. Both Gwaves and my Model are pointing to the same area (highlighted in green). I don't expect new highs to be taken out just yet as the larger time frame suggests lower lows (see related link).
Comment:
Missed the first long trade. Since then price has pulled back to original entry point and what I call the consolidation zone, heavy buys here.
