יורו / דולר אמריקאי
שורט

EURUSD correction idea

86
As seen in the annotations I made on the chart (also refer to my previous post),
my assumption is that the price is currently in wave 4, where a typical 38.2% correction occurs.

In the previous post, I was uncertain about the wave 4 pattern that had formed.
However, today's movement might provide some insight.

At this moment, it is possible to take a sell position with the invalidation/SL as seen in the chart.
We should then wait for confirmation to take a buy position after wave Z ends (estimated to reach 38.2%).
Any candlestick confirmation, pattern, double bottom, or other reversal signals can be considered

goodluck

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.