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UnknownUnicorn410332
Aug 27, 2019 6:51 AM

EUR/USD - Long Entry - H1 | AB = CD Entry Long

Euro Fx/U.S. DollarFXCM

Description

Reasons for long:

1. Completed 5 legs of Elliott Wave
2. Break of trendline ress
3. RSI divergence
4. Break of previous high
5. Volaility (large wicks)

Price is currently consolidating around the 50% fibonacci level (low volatility) and hovering just above the Moving Averages - stops will be moved if price breaks to the upside.
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