In this Euro update the waves have made themselves pretty clear in that we could be about to breakout higher.
These shallow corrections consolidating at the highs conform with Wave 3 price action.
Would not be surprised if we start to move up with extreme force in the coming days.
Regardless of the waves all I see here is continuous higher highs and good reasons to consider long positions.
The line in the sand for this view would have us placing a stop at 1.08742.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
These shallow corrections consolidating at the highs conform with Wave 3 price action.
Would not be surprised if we start to move up with extreme force in the coming days.
Regardless of the waves all I see here is continuous higher highs and good reasons to consider long positions.
The line in the sand for this view would have us placing a stop at 1.08742.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
