One of my partners in the office wanted to make sure and point out the settup on the euro vs. the US Dollar. So thank you Mr. Ryan Langdon for the following:
If you bring up a daily chart on the eur a0-fx, it appears to be in a failed type one trade. By localizing the elliot wave, we can get the appropriate wave count, and now the chart is set up for a valid type one trade. Reward is over 4 to 1, chart below. Have a nice day, happy trading.
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