probable scenario on the EUR (1)
in the current bull market major wave 4 of cycle wave 5 is a combination of corrective patterns. Here this scenario suggests that prices are forming a double correction as follows: an expanded flat followed by an x wave in the form of expanded triangle, and suggested a yet to come decline to end the combination. before getting to the fifth of fifth.
note: a combination in wave 4 of the fifth cycle wave is good indicator of weakness
note: a combination in wave 4 of the fifth cycle wave is good indicator of weakness
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