This is the result of a long-term study of Elliott Waves for the Euro-Dollar currency pair, whose price is already in the wedge.
Finally, which side of the wedge is preparing to exit this long-term trend?
The 27-week long bearish trend line was touched again, and this time it will probably show its resistance and cause a short-term uptrend profit of the price.
Finally, which side of the wedge is preparing to exit this long-term trend?
The 27-week long bearish trend line was touched again, and this time it will probably show its resistance and cause a short-term uptrend profit of the price.
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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.