TheElliottWave

EURUSD looks like in accumulation for a long time

FX:EURUSD   Euro / U.S. Dollar
The whole path of wave A has to retrace for a long time. Thinking of a triangle, in which wave C is running now (usually most complex). Probably finished in November 2020.

Another option could be a flat, which is one of my other ideas already posted.

Expecting a sharp move down afterwards

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