KirkBarton

EUR/USD: wave analysis

OANDA:EURUSD   Euro / U.S. Dollar
28 views
0
The pair may fall.

On the daily chart , the first wave of the higher level 1 of (3) developed, and a downward correction forms as the second wave 2 of (3). Now, the wave a of 2 has formed, an upward correction of the lower level has developed as the wave b of 2, and the wave c of 2 is forming, within which the wave (iii) of c is developing. If the assumption is correct, the pair will fall to the levels of 1.1700–1.1601. In this scenario, critical stop loss level is 1.2143.
My trading profile is here and available for copy trading https://bit.ly/3yHrZJw

Comments