AW Euro Dollar Analysis - Looks Like Wave 3 is About to Begin...In this Euro update the waves have made themselves pretty clear in that we could be about to breakout higher.
These shallow corrections consolidating at the highs conform with Wave 3 price action.
Would not be surprised if we start to move up with extreme force in the coming days.
Regardless of the waves all I see here is continuous higher highs and good reasons to consider long positions.
The line in the sand for this view would have us placing a stop at 1.08742.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
