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EURX SELL PROJECTION (LAST DROP)

Short
PEPPERSTONE:EURX   EUR Currency Index
The market is currently in a complex correction which carries or bears three wave structure (WXY waves). As we see, wave X is about to be completed on only if the red line gets broken below. The last wave which is the wave Y is set to carry three sub waves with the 5-3-5 formation of its sub waves.

COMPLEX CORRECTION - WXY
WAVE W - 5 WAVES
WAVE X - 3 WAVES OR TRAINGLE
WAVE Y - 3 WAVES

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