4 hour EURUSD:
The EURUSD is in chart pattern called a descending triangle with a flat bottom line (green) and downward angled resistance line (orange).
60 min EURUSD:
If price is able to break below the daily support level (green), then wave count will be adjusted an
...4 hour EURUSD:
Yesterday’s price action was choppy and the EURUSD wave count has been changed to show a wave 4 (green).
60 min EURUSD:
The mini double bottom could increase the likelihood of a bullish retracement back towards to the 38.2% Fibonacci, the previous wave 4 (pu
...4 hour EURUSD:
The EURUSD seems to have completed 5 waves (purple). The question is whether it will go up for a deep retracement or will the wave count become extended, and the answer will probably be found in today’s price action.
60 min EURUSD:
The mini double bottom cou
...4 hour EURUSD:
Although the EURUSD is in various wave 5’s, it is possible that the wave count will become extended due to the lack of divergence on the oscillator.
60 min EURUSD:
The question is whether the wave 5 (purple) is completed or whether it has more downside left.
4 hour EURUSD:
Although the EURUSD is in various wave 5’s, it is possible that the wave count will become extended as divergence on the oscillator is not yet present.
60 min EURUSD:
The wave 5 (purple) is behaving quite choppily so the best is probably to keep an eye on th
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