Bleck

Looking for a short entry

FX:EURUSD   Euro/U.S. Dollar
37 0 8
We can arguably count the first leg down from the (e) top complete ( 5 waves down). Ideally the euro             would retrace back in the area of 1.0850 ( Previous structure, open gap and a bit more than the 0.382% retracement) which should offer a potential good level to establish a short position in the anticipation of the next wave down to parity !
Comment: The gap has now been filled and the euro has reversed back down!
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