{lang: 'en-US'} EUR/USD M30 Update + Trade Plan Idea ~ ElliottFxTrader Blog

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Wednesday, 28 November 2012

EUR/USD M30 Update + Trade Plan Idea

No impulsive wave following so called (a) wave indicates more downside risk instead of end of a wave 4.

Seb

EDIT: Orginal plan:
Chart Update: nice five waves movement in last wave down.

Rationale:
I'm looking for wave c to finish in 5 waves @ 1.2920 - 1.2905 ara and buy there a small amount in case this will not be the end of wave c.

Entry @ 1.2920, 1.2905, and 1.2890
SL:1.2885
TP: above 1.30000
R/R: average is min 2:1


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