The moves look pretty messy but i believe eurusd will fall for another leg down to finish the current sequence
Divergence is present on lower timeframes and the wave count suggests another leg down before a bullish breakout
The bearish leg can be bigger but im setting usual targets for a normal C wave.
Cheers!
Divergence is present on lower timeframes and the wave count suggests another leg down before a bullish breakout
The bearish leg can be bigger but im setting usual targets for a normal C wave.
Cheers!
Note
Adjustments of the fibs from the high level
Pullback then continuation to targets is what i expect.
Cheers!
Note
Take profits targets - ill go with first one for safe play
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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.