EURUSD: Potential Short-term Long Followed by a Downtrend

10 giu

After completing its motive 1-5 wave pattern upwards, the pair has initiated a correction phase. We are currently observing the development of the C wave in this correction. Upon the completion of this C wave, I anticipate a bullish movement aimed at filling the existing market gap. Once the gap is filled, I expect a reversal, providing a potential sell opportunity.

10 giu

Nota

You can see the previous analysis here:

14 giu

Nota

Target reached and trade closed.