EURUSD 4H Wave Analysis LONG

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  • On Wednesday EURUSD finished it's first 5-waved impulsive move to the upside at ca. 1.11150
  • We are currently in Wave 3 of the bigger picture and wait for a retracement (wave 2) to add to our position for Wave 3 of Wave 3

  • Correction could end tomorrow with USD news before continuing to the upside, giving this week a strong close

  • Stay patient and do not rush. FOMO is your emotions trying to trick you. Be greater and stay disciplined.

    Have a look at my previous analysis to see the full history of this move:Snapshot


This is no trading advice. Just for educational purpose. Do not risk any capital without trading demo first.
Elliott WaveEURUSDpriceactionTrend Analysis

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