GOOD POINT Hello friends
As you can see, the price has fallen to the bottom of the next channel with the channel break and now the important point is to see if the price is supported considering reaching the bottom of the channel and the important Fibonacci support?
To solve this issue, we suggest you buy stepwise, of course with capital and risk management...
*Trade safely with us*
Belajartrading
EURUSD Ride On Wave 5EURUSD Wave 5
Based on Wave Analysis, Since April 24 I see this pair move in the public participation phase and bullish as primary trend, last week has been completed corrective wave 4 confirmed by candlestick form inside bar. I expect price will continue move on Wave 5. That mean we still have opportunity to open buy transaction on this pair before make a corrective move at higher degree.
Plan:
Wait until price make wave 1 and then 2 and consider to looking for price action at the end of wave 2,
Area of target of wave 5 : 1.149xx