ErwinBeckers
Short

EUR/USD up.. to go down

OANDA:EURUSD   Euro / U.S. Dollar
Macro view:

5 waves complete forming a bigger 1 wave
Now retracing down to make the bigger 2.
Probable target for the 2 would be the 50%-65% fib level

Smaller view:
The A wave looks to be finished and we’re now retracing back to create the B
Target for B is between the 38.2%-50% fib levels

Comments

looking to catch the B leg until 1.1800 though..could simply be a Flat abc
Reply
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