FX:EURUSD"] has been in an uptrend
price has touched the monthly supply level and monthly trendline
hence price might pull south.volume and price dirvegence as well indicates price bound to fall
Elliot wave identified in a smaller timeframe
shows the lacking of corrective waves A.B.C after impulse wave 12345
ENTRANCE
Wait for loss of momentum for sellers and wait for further confirmation such as
price rejections at resistance level
price has touched the monthly supply level and monthly trendline
hence price might pull south.volume and price dirvegence as well indicates price bound to fall
Elliot wave identified in a smaller timeframe
shows the lacking of corrective waves A.B.C after impulse wave 12345
ENTRANCE
Wait for loss of momentum for sellers and wait for further confirmation such as
price rejections at resistance level