EUR/USD is approaching the final leg of its corrective A-B-C structure. With wave (C) targeting the 1.15–1.18 supply zone, a major reversal setup is brewing.
Wave (A)-(B)-(C) correction structure in play
Current bullish momentum likely completing wave (C)
Watch for potential 50% and 78% Fibonacci retracement zones for next sell setups
Embedded Wyckoff distribution schematic suggests institutional unloading soon
If you're tracking smart money, the final wave up could be the perfect setup to sell the rally once signs of distribution confirm.
Key Levels to Watch:
Supply Zone: 1.15–1.18 (Wave C Top)
First Demand: 50% zone
Deeper Demand: 78% retracement = high confluence
#EURUSD #ElliottWave #WyckoffMethod #SmartMoney #ForexForecast #WaveC
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Wave (A)-(B)-(C) correction structure in play
Current bullish momentum likely completing wave (C)
Watch for potential 50% and 78% Fibonacci retracement zones for next sell setups
Embedded Wyckoff distribution schematic suggests institutional unloading soon
If you're tracking smart money, the final wave up could be the perfect setup to sell the rally once signs of distribution confirm.
Key Levels to Watch:
Supply Zone: 1.15–1.18 (Wave C Top)
First Demand: 50% zone
Deeper Demand: 78% retracement = high confluence
#EURUSD #ElliottWave #WyckoffMethod #SmartMoney #ForexForecast #WaveC
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