1511 EURUSD what if this is only a new start of big wave
Hello traders,
EURUSD has made new low recently , similar things happened 2 years ago WHEN EURUSD START TO RISE UP TO 1.25 USING 13 MONTHS.
Now we are talking about what happen in the last 11 months where price stop rising in Feb and start dropping in April till now . This year could be a corrective wave for EURUSD and now its about to start wave 3.
If so, we would see a small five wave up first (light blue )
And price could reach 1.25 again in the coming 12 months where price will reach the middle line of the potential channel.
Less is more!
EURUSD has made new low recently , similar things happened 2 years ago WHEN EURUSD START TO RISE UP TO 1.25 USING 13 MONTHS.
Now we are talking about what happen in the last 11 months where price stop rising in Feb and start dropping in April till now . This year could be a corrective wave for EURUSD and now its about to start wave 3.
If so, we would see a small five wave up first (light blue )
And price could reach 1.25 again in the coming 12 months where price will reach the middle line of the potential channel.
Less is more!
