MHP1368

today we can find out what is the scenario for the next weeks.

Short
MHP1368 Updated   
FX:EURUSD   Euro / U.S. Dollar
I think we passed 78.6 Fibo level and it is time for more bearish moves to finish wave 3 of 3
In case we go back above 1.18 wave 4 of 3 is started and we have a side market in next mounth
Comment:
according to both scenarios it is recommended to sell below 1.17676
Comment:
looks like a double bottom in 30 minutes to the Fibo level so we are in 4 and it is expected to have a bullish wave with the target around 1.18650

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.