Downtrend in EURUSD is ending
After a 5 waves cycle, EURUSD started a correction trend. The correction could be an ABC pattern. We can't say where is the C point exactly but It seems the correction is ending in zones I marked. So I'm waiting for a new uptrend and good point to set up a LONG position.
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.