Eur-Usd made a FZR downA FZR down of h8 Wave Level hapened today (inside the mid-term flat) - This FZR can trigger a FZR down of higher TF (d1)
Ilovetrading
Masterforex-V.com GBPUSD ReviewNew MF Protective pivot is created (1.7060). As long as this pivot is not broken - trend up will proceed.
If price will break through the protective pivot = trend up of wave level h4-d1 (thats started from 1.6680) - will stop at least. To turn this trend around, a FZR of appropriate wave level is needed.
A Flat of Weekly TF Started TodayEur/Usd pair has now entered to the Mid-Term Flat.
And it is facing a "Moment of True" at the moment.
UP - "New FZR" - and prolongation of Long-Term Trend
Down - FZR - and start a new Long Term Trend down.
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