EURUSD Selling Pressure Continues
Price has been in a bearish trend on EURUSD, but that remains the case. We're currently in a 1-2-3-4-5 impulsive phase. On the intermediate degree wave 3 is sub-divided into an impulse as well which should be the case, which is a minor degree.
On the minor degree, we're in a wave 4 phase and we can expect a wave 5 sells. Remember waves 1 and 4 never overlap and wave 4 often retraces to the 34,8 Fibonacci retracement level. The Wave 5 sell is projected to touch the 2.618 Fib extension on Wave (3).
On the minor degree, we're in a wave 4 phase and we can expect a wave 5 sells. Remember waves 1 and 4 never overlap and wave 4 often retraces to the 34,8 Fibonacci retracement level. The Wave 5 sell is projected to touch the 2.618 Fib extension on Wave (3).
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.