EURUSD is about to create the ZigZag Pattern. The question is to which level the price will decline before starting the next rally. I calculated two confluence zones with fibonacci levels where the price is likely to bounce.
Since I'm new to Elliott Wave Principle, my research could mislead you. Be careful. FX:EURUSD
Trade closed: target reached:
Am I good? The calculated confluence zone near wave 4 was reached and the price bounced back