JonasBenjaminFriedrich

EUR/USD Corrective 3-Wave up in from of a Y

Long
FX:EURUSD   Euro / U.S. Dollar
I am expecting a Long Swing opportunity in the EUR/USD pair as a "abcde" triangle pattern should find its end soon. After this I am expecting a corrective
3-Wave move to the upside which will form a bigger "Y". If you want to take a more conservative approach I suggest waiting for the break out "a" then for the pullback "b" and then trade the last move up "c".
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.