Quick 5 minute Elliott Wave setup for more advanced traders. Trade with caution.
I think we really did find a bottom on the daily. Been tracking this pair for awhile now. It has the makings of a pair due for 50 - 100 pips, if you are a swing trader. I do not day trade so all charts I post will be for traders who have the patience for longer timeframes. 4 - Weekly charts. Although the chart has all the makings for a good trade based on the...
This thing has been on a descend for awhile now. I think we found a bottom for the daily range. *Not Weekly*. Past performance when checking out the 4hr chart shows a very similar setup. The area has been highlighted to make your life easier. Just scroll back. It has got a lot of steam on the 4hr - Daily range. All looks well but then again, this is the market....