AriasWave

AW Euro Dollar Analysis - If Support Keeps Holding...

Long
FX:EURUSD   Euro / U.S. Dollar
If support continues to hold as it currently seems to be.

Due to the corrective process ending so low, it is possible to put the previous larger Wave B idea back on the table.

This correction has been a little volatile, everything seems to fit a bullish outlook for the first 5-Wave move of a Wave B Zig-Zag.

I doubt the smaller zig-zag idea will be any good due to how low the correction ended.

There definitely some differences between what is going in the US Dollar vs The Euro at the small degree right now.

This makes the latest waves very interesting.

Support remains at 1.08378.

I will posting a video update in a few hours.

Remember to use Disciplined Money Management Principles to ensure longevity as a trader.

If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?

Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.

***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***




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