Hi guys;
Currently this pair is completing the 4th wave as a correction till demand zone( the second grey zone or lower trendline ) after that we expect that it starts a new impulse as a 5th wave.
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Elliot wave analysis top of 5th wave of 5th wave. Bearish pin bar adds to confirmation. Cycle lines added to project correction over next 10 years. Have fun:)
Xro is making 5th structure up, but in between there are long consolidations in abc form, many people cant differentiate between impulse waves and corrective waves, currently we are in complex b corrective wave ,which is 4th wave in 5th waves structure up, and before 5th wave impulsive move we need to complete big c wave structure down which is still part of...
