HDFX-Trading

EURGBP Terminal wave in the making

Long
HDFX-Trading Mis à jour   
FX:EURGBP   Euro / Livre Sterling
After the bigger wave b in has been completed, the same degree of wave is now wave C in blue
This means we need an impulsive move because wave c is always in a flat or zigzag is a impulsive move
İmpulsive move can be terminal on the wave c or a classical impulsive move
Price action so far looks like a terminal move thus on the lower degree we are looking at corrective structures to form the 12345 legs of terminal move
to complete bigger degree wave C in blue...
Good Luck
Commentaire:
We took profit
Our trading strategy for the lower time frames are for scalping with the bigger picture bias...
Results can be seen from Verified MYFXBOOK account

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.