EURUSD cant keep it up - EW wave iv triangle
The EURUSD has been free falling for weeks and months now, and with sentiment at an all time bearishness, we are approaching a bottom. Following a degree of wave iii, the EURUSD has demonstrated a non impulsive reaction composed of zigzags. The recent failure of wave c impulsive implies that we are in a typical wave iv triangle consolidation. This cannot last long, we will break out of the triangle soon and approach medium-longer term lows perhaps near 1.08. The thrust should be fairly quick and could be triggered by news,
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.