This wave count seems pretty logical - until - you try to figure
the invalidation point - unless it's some sort of Ending Diagonal.
BUT, that doesn't make a whole lot of sense either.
Blue wave 1 seems to be a moving target and blue
wave 4 would enter the price area of wave 1 unless ----
***See daily chart ***
Basically it's a decent EW idea with low risk and I'm still bearish
this pair, so, if it gets to the 137.85 area I'll risk a few pips to
see if I'm wrong.
the invalidation point - unless it's some sort of Ending Diagonal.
BUT, that doesn't make a whole lot of sense either.
Blue wave 1 seems to be a moving target and blue
wave 4 would enter the price area of wave 1 unless ----
***See daily chart ***
Basically it's a decent EW idea with low risk and I'm still bearish
this pair, so, if it gets to the 137.85 area I'll risk a few pips to
see if I'm wrong.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.