Six month ago I published the following idea.
Now the wave five is still ongoing currently. But I want to point out this decline will finish soon. Eurusd might start the retrace in 2017 after the wave five has completed.
It is a good chance to buy the dip after the minor wave five finishes if you are a mid-term or long-term trader.
Good luck for everyone!
Now the wave five is still ongoing currently. But I want to point out this decline will finish soon. Eurusd might start the retrace in 2017 after the wave five has completed.
It is a good chance to buy the dip after the minor wave five finishes if you are a mid-term or long-term trader.
Good luck for everyone!
Note
I would change the wave count a bit. The wave (4) is a triangle. Wave (5) has already finished. It formed a nice triple bottom. No short for EURUSD, but buy the pull back in a long run as suggested above.Note
There is the updated count. 
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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.