michaelarias

EURUSD - Wave Count Revision - Lets Get This Right

FX:EURUSD   Euro / U.S. Dollar
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I now expect this to head down toward support at the cyan line.

This support area should hold and make for a good stop area beneath this line for when it reverses.

This is still Wave B, it is just a complex one.
Closed ur trade on time :)
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@rere04, Yes that's because the wave characteristics all give clues so then when I go back and objectively look at the waves without bias they reveal themselves. Sometimes the waves look abnormal and peculiar so you have to question it within the guidelines of what the system says is acceptable for that wave. If something does not look right, you have to be very careful with complacency.
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