EURUSD dead cat bounce? EU downtrend update 1.1300 target?

מעודכן
This is a follow up to my previous plan:
EURUSD shorts still in play: EU downtrend continuation scenario


In the plane above, I was looking for an ABCDE structure to wave V.
But looks like the more common 12345 structure is unfolding.

CAREFUL with any Euro trades right now. ECB rate decision is less that 24 hours away.
But am posting this just to observe movement until then.
הערה
Crazy end of week. EU kinda did what was expected, תמונת-בזק It was perfectly on course until Friday US session when the Dollar tanked and spiked EU along with others.

Given the strong bounce, I am thinking it will go higher yet before resuming downtrend, perhaps something like this: תמונת-בזק
Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

פרסומים קשורים

כתב ויתור