EURUSD Price action at retracement level, EDT in Wave c?
Dear all,
As posted before we see some upward price movement at EURUSD at the mentioned replacement level. The Retracement might have ended with an EDT in wave c.
In the 5 min chart the rise is impulsive. Let's wait for its retracement and analyse this thoroughly.
If the retracment does fulfill the requirements, it would be a good opp from Risk / reward perspective. You could also wait for the price to reach the next Trendline.
Merakshi
As posted before we see some upward price movement at EURUSD at the mentioned replacement level. The Retracement might have ended with an EDT in wave c.
In the 5 min chart the rise is impulsive. Let's wait for its retracement and analyse this thoroughly.
If the retracment does fulfill the requirements, it would be a good opp from Risk / reward perspective. You could also wait for the price to reach the next Trendline.
Merakshi