handokorama

EURUSD - Wave 5 session - Bullish

Long
FX:EURUSD   Euro / U.S. Dollar
Well, this is interesting... Yesterday both 1D and 1H timeframe shows the making of wave 5. This is a good indicator that a long wave 5 is in motion. My suggestion is to wait for a few more hours since the price is going down (about three candles more or less) before you start your BUY order. There's a possibility that the price is going downfall to the bouncing line, so place your stop loss accordingly.

Trade safe!

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.