After yesterdays big rally there's a good chance the euro has bottomed and started a longterm corrective rally.
A new trend does not always start in 5 waves, otherwise corrective waves would always have to start with a double zigzag (5-3-5). In this case a flat (3-3-5) could be at the start of a big wave B.
It can be extremely good if we enter at right time in such situation, as there is serious chance for us to gain. I always trade aggressively, it’s easier to do with OctaFX broker since they have magnificent set of features and facilities that counts for lowest possible spreads at 0.1 pips, high leverage up to 1.500 while there is also smooth trading platform like cTrader, and it’s all extremely cool and helps a lot in every thinkable way for me.
I was born on July 20th 1983. I have been trading since 2007 and using Elliott Wave analysis since 2008. I also use trendlines, fibonaci, candlesticks and various indicators to determine a future direction of price.
It can be extremely good if we enter at right time in such situation, as there is serious chance for us to gain. I always trade aggressively, it’s easier to do with OctaFX broker since they have magnificent set of features and facilities that counts for lowest possible spreads at 0.1 pips, high leverage up to 1.500 while there is also smooth trading platform like cTrader, and it’s all extremely cool and helps a lot in every thinkable way for me.
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