This will be Travel Warning for the Euro Bull's
Yesterday sudden drop kind surprised us. On bigger time frame 4H, it is noticeable 3 down bars which represent 5 waves down .
We may conclude this formation completed as 3 - 3 - 3 wave (thanks to a fellow https://www.tradingview.com/u/JamesBowler/ for sharing the tripple three chart of the formation).
My suspicion is, in lower time frame as 30M or 1H.....it is more clearer kind of long & sharp a - b - c which could suggest as X wave.
Our key level will be 1.0682 and if this one broken, it is clear that there are no more (v) to progress downward.
And if upper line (orange) if unbreach, this tell us there will be one more 5 waves down as the final of (v).
Oh man !....this 4th (iv) is quite bumpy & tricky......
If this little (iv) already like this....imagine a BIG 4 would behave....what a fight !?
Have a Good Trade everyone.