i think all EURUD need for another down wave is liquidity
i expect something like that. after Stop hunt. (tradingview wants me to explain more but i don't know why?)
IDK about the description either, usd may gain some strange in upcoming week, follow the fed and data release, it's kinda obvious
price stuck between two zone and finally must breaking one of them, by looking for major trend it's more likely to Breaking Down and continue the trend. after Break down wait for Pull back and candlestick confirmation
After Full body breakout wait for candlestick confirmation
price finally mange to Breaking down, but its just start, usually after breaking some important zone like this price pay them respect by hitting zone again in pullback, in pullback we can go short on gold and wait for 1860
after full Body Breakout wait for pull back and candlestick pattern
After Full body breakout wait for pull back and candlestick confirmation
After Full body Breack Down wait for pull back and candelstick confrim
EURUSD stuck in strong zone and Break any of those can shape the new wave, short wave is more likely to happen, stay alert and don't make any rash before seeing candlestick pattern
After Full body Breack Wait for pull back and candelstick pattern
the bullish wave is reach all of its targets. its seems market dosent want gold any higher than that and repitly riject the price in blowe high but wait to bearish wave start, after full body Breack down sell it in Pullback
after the price reach the target, now stopped in range to take a Breath, there is no sign of reversal move so i assume buyer back in the market for another wave
At this point wait for confirm Rejection, could be a pin bar or any form of reversal candlestick
After Full body BO wait for pull back and candelstick confirm