EURUSD potential price reversal based on Elliot Waves
Updated
EURUSDIn the chart we can see the price action following Elliot Waves 1,3,5 impulse trend waves and the potential corrective ABC trend reversal.
This is just an observation of a potential correction of EURUSD and NOT an advice to buy or shell!!!
Trade active
Seems the pair is reaching for the second (B) corrective wave and about to go bearish.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.