EUR/USD H1.H4,Daily & Weekly Update

Wave B low have been picked up to the pip.
I have been expecting one more wave to the bottom due o lack of impulsive development and subwave 1-4 overlapse in wave 1 that came after wave B has bottomed.

Nevertheless I have posted an alternative labeling as soon as I got an idea of Leading Diagonal wave 1 possibility. It came out that this idea have not been confirmed and right now we are in VERY bullish situation: 1-2, 1-2 wave progression. This means new high above wave A is in view.

From Monday I will be tracking this idea: buy the dips in majority of euro pairs, they will happen on retracement levels. I will post Trading Plan  with motive, entries, stops and takie profit levels on EUR/USD.

Have a good weekend guys and enjoy my charts while they are still free.

Seb

About the author

Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

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