ForexPhantom
Short

EURUSD - Short Wave C

FX:EURUSD   Euro / U.S. Dollar
Hello, hello boys and girls!

Today I am daring a negative analysis on the EURUSD pair. I had a look around in the community and it very much looks like split camps, so I'd like to join the Bears this time round.

The chart should be self-explanatory I hope. As a target I see AT LEAST the last low (A) but it may well be that we drop even lower than that.

Constructive critique and comments are always welcome!

Good luck :D
Thanks for sharing this idea, I agree with your bearish view on it as well:
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@FXCM-EDU, thank you :)
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That would make for a good looking zigzag, but is it possible wave (C) has already finished?

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ForexPhantom leftyloosy
@leftyloosy, I was looking at exactly the same scenario and it would make total sense. However, I a, putting my money on the short side for the time being, given the fact that the USD seems to gain strength in recent times. But yes, the C could well be finished:)

Thanks for your comment!
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