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QuercusTrading

EURUSD - Long to May highs

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
QuercusTrading Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Elliott Wave
9
0
elliottwaves
This swift move down from 22 June has not done any retrace, most likely a wave C of Expanded Flat. I am bullish short term.

See below for similar move in Bitcoin daily from early 2023. Also an expanded flat.

Cheers!
Comment:
This is not a correlation chart. EURUSD is H4 and BTCUSD is D1. I am merely highlighting the same kind of move.

snapshot
Comment:
Will be cautious about any long positions here as price may fail to break.

snapshot
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