As we predicted earlier possible zigzag pattern formation. Now we believe that we are in fifth and final wave from minor degree from (C) intermediate degree wave drive, but not iet completed. If the pattern we label as zigzag is a ZIGZAG means reversal of trend. In our case from bullish to bearish. NOW:
Q: How to trade a ZigZag pattern?
A: No body knows.
Our father Ralph Nelson Elliott have never trade, he was not even a trader. So he never told as how. He told as how and why waves form. It is totally individual for each and every trader.
We recommend.
Less experience traders & more conservative traders to wait the price to brake wave 4 ; in this case is 1.31200 with protective stop 1.31750 + the spred. 50pips , for50pips trade.
We need Bears.
Q: How to trade a ZigZag pattern?
A: No body knows.
Our father Ralph Nelson Elliott have never trade, he was not even a trader. So he never told as how. He told as how and why waves form. It is totally individual for each and every trader.
We recommend.
Less experience traders & more conservative traders to wait the price to brake wave 4 ; in this case is 1.31200 with protective stop 1.31750 + the spred. 50pips , for50pips trade.
We need Bears.