Hi Traex,
For the EURUSD chart you posted, the wave 2 correction is going on and on. Is there anything you are expecting to signal the end of wave 2? I notice that your entry sometimes get very close to the reversal point.
aha
For the EURUSD chart you posted, the wave 2 correction is going on and on. Is there anything you are expecting to signal the end of wave 2? I notice that your entry sometimes get very close to the reversal point.
aha
DislikedHi AZ-Hat, wave counts in very small timeframe are very uncertain, so good luck in trying to figure them out.
This is my m5 EUR/USD count, only for comparison, I don't do wave labeling to that small tf actually. And from 1.3391 low to 1.3553 high, there's a complete 5-wave sequence imo.
PS This chart is not updated, I scrolled it to the left to the same display as yours above.Ignored
Target: Trading naked.