Rykin_Capital

KRWEUR heading for Mariner's Trench.

Short
FX_IDC:KRWEUR   SOUTH KOREAN WON / EURO
Before we start off with the latest reviews, I want to wish a Happy New Year to all my Followers, visitors, lurkers and haters here on Trading View. Here wishing you the most profitable and bullish year full of impulses and exciting trades in 2021. 2020 was a b... of a year, and I am raising my glass to a clear and sunny 2021. And in the meantime, let's have a look at a few more FOREX pairs.

Obviously a bit of a pattern with the Korean Won pairs by now and KRWEUR is no exception.Actually, a golden zigzag here with a 0.618 retrace on the B Wave. We can see bearish goals in purple, invalidation is in red. seeing that retrace on the B makes me even more confident of the direction and then the extent of the fall. Anyway, it is shorts time. This one will drop before it will rise again. Happy hunting, and again, none of what I say is specifically financial advice.

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