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sifneosFX
Jun 13, 2020 5:42 AM

Impulse wave 5 just started, Buy Opportunity  Long

Euro Fx/U.S. DollarFXCM

Description

There is not much to say here, there is a clear irregular ABC correction and the beginning of wave 5 of the parent degree.

Because the ABC correction is a running flat, Wave C should have ended before wave A, it pushed the line further and returned, this is a very strong sign that wave 5 of the parent degree really started.

There is a very little chance that wave C continues to 61% or 50%, but chance is very small.

Let me know if you have a question.

Good Trading!

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Comments
sumaia_khan
Your correction idea looks better.
sifneosFX
@sumaia_khan, thanks! better in comparison to what?
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