the market show an structure continuation.
the price broke the ending diagonal. high probability of new rising market, entry in the support 114.993 whit medium risk.
high probability of the rising tendency. ending of structure ABC. strong support level 85.02
the structure of market shows cycle elliot's waves, and correction ABC. high probability of a new rising tendency. buy in the support level 84.25, with low risk the market can down one more time and make a new low, and shows spring of accumulation structure.
i see an opportunity in PRZ, in the same area of fibonacci retracement. the strong impulse show in a superficial retracement.
este es un patrón de 5 ondas que se van convergiendo hacia un punto, y el rompimiento lo hace al lado opuesto de la onda 5
EURUSD esta en formación de H-C-H, que llegaría a los niveles 38 o 61 de fibonacci, completaría el fin de la corrección 4 de 5 ondas de Elliot.