EURUSD H4 Correction.

FX_IDC:EURUSD   Euro / U.S. Dollar
H4 We have 3 down with price just under the 161.8 fib extension in wave Y. Wave Y may not be over and price can push down to the 200fib and beyond but once wave Y is over I'm forecasting for the correction in X2 before we get the Z down finishing off the downside.

There are no current buy setups and taking sell trades at a low is dangerous so I'm only looking for buy setups on the lower timeframes.

I will update this idea once I see a potential buy setup.

Good luck and trade safe!

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