Wave-Trader

EURUSD is at the bottom again

Long
Wave-Trader Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Hi there,

EURUSD is forming very nice setup at the bottom and we are having EU Election coming as well. We are expecting strong break up of the descending wedge and longer term reversal.

How you can trade on this chart.

1. Wait for the price to hit the bottom and look for buy on lower time frame like 15 minute.

Or

2. Let the price rise on lower time frame sharply and then look for buy after having lower time frame correction.


In case price keeps pushing lower slowly we will stay bullish on EURUSD

Good Luck
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