paweld

Strong demand zone close

FX:EURUSD   Euro Fx/U.S. Dollar
485 1 1
We are closing to strong demand zone - 50% IIIrd wave ret. , 100% IInd wave (overbalance zone), bottom parallel uptrend channel and Ist wave top. 2 scenarios : 1. Brakeout to new lows - wave I in downtrend or Vth wave to new highs. We'll see it soon.
Though from another perspective, there is still some space down left

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