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joe-abdallah
Sep 20, 2022 8:23 AM

Easy way to catch impulsive waves (pullback on EURUSD chart) Long

Euro Fx/U.S. DollarFXCM

Description

Hello everyone,
learn how to catch the end of wave 4 and trade with the trend.
This corrective wave has made a double bottom on 0.76 fib of the previous impulse movement. The double bottom was achieved with an engulfing candle (entry point). Cut your loss below wave 2 (wave 4 is not supposed to retrace that far), and catch your first profit target at the retest of wave 3 level, and let your profits run.

Goodluck,
Joe.
Comments
Tradersweekly
Thanks for the long idea.
joe-abdallah
@Tradersweekly, welcome!
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