Description
⋅ After completing five impulsive waves, EURUSD has started to form corrective waves from the 🔴resistance zone($1.1027-$1.098)🔴.
The structure of the corrective wave with respect to wave A is of Zigzag type(ABC/5-3-5).
Wave B ended near the resistance zone and Price 🟡Reversal Zone(PRZ)🟡.
After breaking the support line, I expect wave C to continue to the 🟢support zone($1.076-$1.071)🟢.
🔅Euro/U.S.Dollar (EURUSD) 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
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