COMPLETED 5-3 CYCLE SET UP EURUSD FOR MAJOR RALLY
EURUSD is setting up for a massive rally in wave 3. Wave 3 should exceed the high of wave 1 and might advance 1x or 1.618x wave 1.Price is sitting at a critical confluence level comprising of 61.8% Fibonacci retracement of the advance, and wave (c) equal 0.618 x Wave (a).
I took a loss on last week because I was initially labeled the correction as a regular flat pattern. I had to re-evaluate before the market close on Friday, and I already open a new buy position.
All these are in line with bullish activity on Gold, and BTCUSD. While the US economy will suffer.
Expecting Dollar weakness!
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