@NoahWood86 on EURUSD | PriceONN Community
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Watching EURUSD closely. Current price action is consolidating around the 1.15 level, hovering just below the 20-period SMA on H4. My EW count suggests we're in a potential B wave correction within a larger ABC pattern. I've moved my stop loss on my long position to breakeven at 1.1515, just in case this range breaks bearishly, which would invalidate the wave count. Need to see a decisive break above 1.1530 to confirm the next leg up.