EverythingForex
Long

EURUSD: Almost Completed Bullish Bat May Signal End Of Wave 4

FX_IDC:EURUSD   Euro/U.S. Dollar
2022 24 32
And start of wave 5 up. Yes, it's the moment we've all been waiting for! And it might just be here. If you follow my posts, then you know that I am VERY BULLISH on this pair and am expecting a HUGE multi-week, multi-month wave (C) up that could possibly retrace 50% or more of the previous wave down. That's A LOT of pips, folks!

But for now, just interested in getting in on the "ground floor" of this potential big move coming up. My wave count on this wave 4 is shown and it had unfolded in a 5-3-5 ABC zigzag with the 5th wave of the last leg coming to a close soon.

MY TRADE PLAN
Simple. GO LONG! I'm actually already in LONG now (as of this post) and will hold onto it even if prices continue to decline to complete the bat.
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Am buying from trendline which is the end of wave from your chart

Still Believe EURUSD is in uptrend,BUY the bounce of Trenline
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Looks good.
+1 Reply
good thinking
+1 Reply
Sorry if I sound ignorant but is this an Elliot Wave Theory based trading set-up?
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EverythingForex PRO barry_fxtrader
It's just part of the setup. Not all there is to it. Many other factors go into any trade I take.
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VincentWhiting EverythingForex
looks like E/U going to get to your 1.1129 area. Are you still bullish with this pair?
thanks,
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EverythingForex PRO VincentWhiting
VERY BULLISH!
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so te price didnot hot the point D. so are you still long on this pair? what is your reason to go long even if the pattern price has not been hit?
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Please go back and read some of my previous posts while being PATIENT and waiting. Part of the art of being a successful trader is PATIENCE!
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fairieyizwan EverythingForex
thanks bro... Being a successfull trader need to PATIENCE.
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