Elliot Wave finished uptrend. ABC finished and a reversed triangle pattern formed. Second ABC may do two things: follow triangle pattern for a diamond pattern, or follow trendlines and go bullish.
*Expecting that EURUSD go bullish, then it can be expected to go bearish for the time being, until it hits the lower trendline.
Note: whales will follow EURUSD market direction. In this market they will probably wait and then go sell.
*Expecting that EURUSD go bullish, then it can be expected to go bearish for the time being, until it hits the lower trendline.
Note: whales will follow EURUSD market direction. In this market they will probably wait and then go sell.
- It's a risky trade.
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