lancelotwealth
Long

EUR/USD Elliot Wave Analysis - ABC corrective wave (LONG)

FX:EURUSD   Euro / U.S. Dollar
Eur/Usd has had downside expansion for the last few trading days, structure shows a nice 5 wave pattern to the downside, now we anticipating an ABC Correction to the upside if the 1.1380 Support level holds price. we have also come into a deep .618 Fib level from the most recent low to high.
Order cancelled: Trade was canceled out on the break & close below the 1.1380 level...
if we get a break & close below the 1.1380 level i will more than likely cut the trade.
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