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ElliottWaveBelgium
Nov 8, 2019 3:50 PM

EURUSD - Nearing ideal reversal zone - will Bulls take over ? Long

Euro / U.S. DollarFOREX.com

Description

We got a Leading Diagonal wave 1/A up followed now by this 3 waves correction.
We should now be in wave (V) of higher degree red wave ((C)) of higher degree wave 2/B.

We're approachine the ideal reversal zone at 1.1000.
A break of the upper channel line and above 1.1090 would suggests the bottom is in and we've started the reversal higher.


Invalidation is 1pip below wave 1/A low.

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