After completing five impulsive waves, EURUSD has started to form corrective waves from the ๐ดresistance zone($1.1027-$1.098)๐ด.
The structure of the corrective wave with respect to wave A is of Zigzag type(ABC/5-3-5).
Wave B ended near the resistance zone and Price ๐กReversal Zone(PRZ)๐ก.
After breaking the support line, I expect wave C to continue to the ๐ขsupport zone($1.076-$1.071)๐ข.
๐
Euro/U.S.Dollar (EURUSD) 4-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the โ
' like'โ
button ๐๐ & Share it with your friends; thanks, and Trade safe.