EURO may have finished 5 waves down and is going up but I'm not confident yet to go long...
Maybe we will see a quasimodo pattern developing so I think maybe we will have another move down to that 1.05 level... Point of reversal could be at any of the levels indicated.
I drew 2 cyphers, one of them discounting the spike so choose wisely...
I will just seek confirmation form confluent structures and patterns or extreme levels on this and lower TF's...
Maybe we will see a quasimodo pattern developing so I think maybe we will have another move down to that 1.05 level... Point of reversal could be at any of the levels indicated.
I drew 2 cyphers, one of them discounting the spike so choose wisely...
I will just seek confirmation form confluent structures and patterns or extreme levels on this and lower TF's...
Note
Weekly view:
Note
Had a reaction at the first level, might be going back to 1.05.Everything else still on, updated chart:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.