Wave Count Offers Clear Invalidation Spots In Forex Market

Discussion in 'Technical Analysis' started by Kaitlin, Jul 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD still remains in a larger consolidation zone (orange/green) and a larger wave 2 (brown) correction seems to be taking place via a WXY (purple). Price needs to break below the support (green lines) levels before a wave 3 (green) continuation is likely whereas a break above the 100%[​IMG]

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