EURUSD, SELL ON D1, ELLIOT WAVE

By peterpel
EURUSD is on its way to complete Wave 3. Bulls could extend the market last week and it was clear the break of the Rising Wedge was a fakeout.

Scenario

Recommendation: Sell

1. Sell can be activated on 4 hour as there is a rejection on the downward trendline

2. Look for correction on lower time frame and sell after correction has completed

Good Luck

May the market be with you.
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