EURUSD broke the down trend let's see if it makes a correction.

2016年8月19日

Hi Guys please click on the pinned chart to see the two possible way EURUSD could move. It has broken the down trend so now we need a corrective structure on a lower degree then we buy or an impulse down breaking the up trend then wait for correction and Sell.

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2016年8月19日

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2016年8月26日

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Understanding wave structure is not as simple as putting trendlines on the chart . I noticed many traders making that mistake. It's not about the lines , it's about the structure so unless you know what structure you are looking for the lines will have no value.