dojitrader

Zig Zag or Bat May be a 2nd Wave Long ???

Long
FX:EURAUD   Euro / Australian Dollar
2
A = C around 1.4242 which is also the .618 Fib
But,
The Bat is down around 1.4212
Perhaps the candlesticks and a clear
5 wave subdivision within C wave will
clarify the trigger for a long entry
or remind me it's time for a little vacation ~~~~~~
Risk, of course, is below 1.4198
Two profit zones depending on this being
a C wave or a 3rd wave.
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