EURUSD has two finished ABC wave inside the box. And a new one is ongoing, the green one.
The green ABC wave could end at the bottom of the box.
We do not have a trade on EURUSD yet, because we do not have a position to fix our SL. So better sitting tight and wait. And that make" LESS IS MORE".
Alright, we are now looking for a long signal once EURUSD hit the bottom or you can jump into a short trade now to have a tight SL with small lots size.
Once the box is broken, we could see a decent pips range on both directions.
This idea is marked as SHORT on current situation.
Less is more!
The green ABC wave could end at the bottom of the box.
We do not have a trade on EURUSD yet, because we do not have a position to fix our SL. So better sitting tight and wait. And that make" LESS IS MORE".
Alright, we are now looking for a long signal once EURUSD hit the bottom or you can jump into a short trade now to have a tight SL with small lots size.
Once the box is broken, we could see a decent pips range on both directions.
This idea is marked as SHORT on current situation.
Less is more!