Hi I agree with your 12345 count. however we part ways on the retracement. You have an elaborate abc with b yet to complete and c to follow afterwards. I think abc might have happened ith the upmove that ended 1.1300 area. So what we need now is 5 more waves down. I think both counts are valid, Let's see what the markets will do
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I was way to early, I am confident it will go up to (c) now wave (b) has finished.
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Olu ForexTradeIdeas
I hear you FTI. If 1.1115 is taken out your count will be wrong. If the A is taken out your count would be right. Price going up to C is still within the confines of the EW. When there are this many options I tend to picc one and trade light till it is clear which count is real then I will trade normal size
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Thanks for responding Olu, been to busy with other things this week. Yeah I agree with you about trading light, it so easy to get caught out.
Here is my latest thoughts
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After it reaches wave (c) I expect it to go to wave (C) as shown in my daily resolution.
EURUSD, Daily, Elliot Wave
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