1. Hello Guest Click here to check FX Binary Point Financial Directory

ABC Wave Counts Replace 123 Structures

Discussion in 'Technical Analysis' started by Kaitlin, Nov 2, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD seems to be making a bullish retracement within the downtrend. The month of October has ended without a bearish break of the bottom at 1.0450, which in my analysis means that an ABC (green) now seems a more likely scenario than a 123 (green). Typically ABC zigzags will[​IMG]

    Continue reading...

Share This Page