FX:EURUSD   Euro / U.S. Dollar
0
Sell signal hit after the 5 waves of c completed. Wave (2) almost retraced all of wave (1). Expect continued movement downward. 1.3770 still is nullification of this count. Wedge formation is evolving so we need to break lower uptrend line for more confirmation. Bollinger Bands still decreasing so we will need to see momentum downward to solidify this count. If we still condense we might still be in wave e and could see more movement upward. Only time will tell!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.