29/05/18 $EURUSD Daily Chart

Wave V of the bigger wave 3 has extended to 0.786 level of wave ii, iii, iv trend base fib extension. This is proof a strong down trend. RSI and MacD is also showing strong down trend.

Waiting for a reversal signal to go long (Wave 4).

Happy Trading

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Elliott WaveEURUSDrajeh13Wave Analysis

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