ew-forecast

Intraday Structure On EURUSD Indicates A Temporary Correction

FX:EURUSD   Euro Fx/U.S. Dollar
On EURUSD             we are still looking at a line chart where price action from May highs shows five waves down so three waves up are in the cards. We are expecting an A-B-C bounce back to around 1.1450-1.1480 area from where strong bears may step-in later this week.

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I agree with you.but what makes you sure that wave 5 finished?is it ending diagonal wave?
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