Impulsive or Corrective EW Count Suggests A Long Opportunity &
Looks to me like 2 obvious wave counts {with a 3rd unlikely}
but, still bullish from the recent lows and 100 pips is 100 pips.
Entry is a little up for grabs as e waves often start early and do
not touch the bottom trend line. Might have to be ready jump in
on instinct (sounds better than guessing)
All we need is 1 more wave up to d and then, hopefully,
a recognizable 3 waves down to e for an entry trigger.
Candlesticks may help along the way.
Low risk as anything under 1.0706 and this is an invalid count.
but, still bullish from the recent lows and 100 pips is 100 pips.
Entry is a little up for grabs as e waves often start early and do
not touch the bottom trend line. Might have to be ready jump in
on instinct (sounds better than guessing)
All we need is 1 more wave up to d and then, hopefully,
a recognizable 3 waves down to e for an entry trigger.
Candlesticks may help along the way.
Low risk as anything under 1.0706 and this is an invalid count.