The in-depth analysis for this idea can be found below in related ideas in the latest video idea titled: EURAUD - Let's Take Another Look At This Long Term Pattern.
The general purpose for this long trade is based on the idea that we are looking for Wave (C) to complete this Wave D Zig-Zag.
Assuming that Wave (B) ended in Feb 2021 we are now looking for a move up in Wave 3 of Wave (C).
Entry: At Market
Stop: 1.55655
Target: 1.97712 (Minimum Expectation)
Risk\Reward Ratio: 5.9
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
The general purpose for this long trade is based on the idea that we are looking for Wave (C) to complete this Wave D Zig-Zag.
Assuming that Wave (B) ended in Feb 2021 we are now looking for a move up in Wave 3 of Wave (C).
Entry: At Market
Stop: 1.55655
Target: 1.97712 (Minimum Expectation)
Risk\Reward Ratio: 5.9
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
