1002 8/8 EURUSD could drop down 540 pips on 5th wave

FX:EURUSD   Euro / U.S. Dollar
EURUSD has made a really wried 4th wave so far.
Please just follow the blue ABCDE wave inside that channel.
EURUSD has a bear signal on weekly chart.
If it can make a bottom reversal sigin this week, it will test a new low position by reaching the yellow box.
That would be 540 pips minimum.

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i agree. eur/usd sell
+1 Reply
Nice to see we share the same consensus for the EURUSD. I have a more fundamental view, but around the same target. :)

+1 Reply
FUNTRADER-Vera Fx-AlphaStrats
@pavelzyuzin, nice chart.
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