ewtrader86
Long

Despite big event risk ahead. This is still a trad-able bottom.

FX:EURUSD   Euro / U.S. Dollar
248 3 6
This is my primary count of EURUSD             , even though there is much more uncertainty going forward. The low we made this week is a tradable low despite the big event risk going forward. Technical always leads fundamental.
snapshot
+1 Reply
Hi,
My count is the same for A and B but I think this is a triangle forming as the wave 1 in your C has a triangle within it which can't be counted as a wave 1 of C as wave 1 should move in a clear 5 impulse move.

Apologies for the rough plotting of what I am seeing as I use a another software to do my analysis. Feel free to share your thoughts as on my EW count.
+1 Reply
ewtrader86 donaldsaw
Hi, Your count is my alternate count. I typically don't assume a triangle until I see a clear D. But sure, triangle definitely has a strong possibility.
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