Six month ago I published the following idea.
Now the wave five is still ongoing currently. But I want to point out this decline will finish soon. Eurusd might start the retrace in 2017 after the wave five has completed.
It is a good chance to buy the dip after the minor wave five finishes if you are a mid-term or long-term trader.
Good luck for everyone!
It is a good chance to buy the dip after the minor wave five finishes if you are a mid-term or long-term trader.
Good luck for everyone!
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I would change the wave count a bit. The wave (4) is a triangle. Wave (5) has already finished. It formed a nice triple bottom. No short for EURUSD, but buy the pull back in a long run as suggested above.
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There is the updated count.
