EURUSD - Zig Zag Forming in Wave 2
OK So with a lack of a reversal and the sharp nature of this current wave it looks like this thing is carving out a zig zag in wave 2.
With a break of the magenta line we can assume this is a short term move back towards the highs in wave (c).
Go long at the break or wait for a pullback, this doesn't have much upside but at least its something of a clue as to what to expect.
I am staying away from this for now but it can be a good break out trade for those short term traders.
Please LIKE and FOLLOW to get notification of updates and future posts.
With a break of the magenta line we can assume this is a short term move back towards the highs in wave (c).
Go long at the break or wait for a pullback, this doesn't have much upside but at least its something of a clue as to what to expect.
I am staying away from this for now but it can be a good break out trade for those short term traders.
Please LIKE and FOLLOW to get notification of updates and future posts.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.