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Veejahbee
Dec 2, 2019 3:12 AM

COMPLETED 5-3 CYCLE SET UP EURUSD FOR MAJOR RALLY Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD is setting up for a massive rally in wave 3. Wave 3 should exceed the high of wave 1 and might advance 1x or 1.618x wave 1.
Price is sitting at a critical confluence level comprising of 61.8% Fibonacci retracement of the advance, and wave (c) equal 0.618 x Wave (a).
I took a loss on last week because I was initially labeled the correction as a regular flat pattern. I had to re-evaluate before the market close on Friday, and I already open a new buy position.

All these are in line with bullish activity on Gold, and BTCUSD. While the US economy will suffer.
Expecting Dollar weakness!
Comments
mycotoxin
@Veejahbee good work !
talkmover1
Veejahbee, thanks alot, this looks great!
Veejahbee
@talkmover1, You're welcome!
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