ABC Wave Counts Replace 123 Structures

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    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]

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