tricor2000

Possible Wave 5 Completion

tricor2000 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
While I recently received a buy signal that aligned with our daily and weekly momentum indicators, I passed on the trade as the target for Wave 5 was already reached.

However, the intermediate and primary waves appear to be in wave 3, so our longer forecast is bullish.

Will keep following EUR/USD for another signal that aligns with a new wave count.

Comment:
Another daily buy signal with daily bullish momentum.... but we ignore as our weekly momentum is still bearish. No new clear wave pattern is identified but our primary, intermediate and minor degree counts are all long term bullish.

Comment:
Updated From Wave 5 completion to START of wave 5!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.