EURUSD-Wave C) to 1.0880 to complete wave(4) ?
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Market Commentary:
1. Looking for the C) wave and I am in @ 1.0400 with SL @ 1.0340 for the target 1.0770 to complete C) as i shown here.
2. Wave a) in 5 waves and b) expected as a triangle also previous and it did a flat correction in b) wave.
3. It is a simple trade with 60 pips STOP and the reward is 370 pips nearly 1:6 RR here.
4. There is a bearish channel and the trendline is @ 1.0880 and that could be a resistance zone as I mentioned.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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