EUR/USD Update (September 7, 2021)
As predicted, EUR/USD managed to reach the target I talked about 1.19000 which is the beginning of the falling wedge with 5 waves up. For now, I will be waiting for a correction in order to buy again.
My first target for the ABC correction will be the previous wave 4 around the 1.1790 area. If it manages to break it, the price will retest the previous wave IV of wave 3 at 1.1760.
Buying at the top is risky. Always wait for corrections to capitalize again. Good luck!
My first target for the ABC correction will be the previous wave 4 around the 1.1790 area. If it manages to break it, the price will retest the previous wave IV of wave 3 at 1.1760.
Buying at the top is risky. Always wait for corrections to capitalize again. Good luck!
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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.