Hey Traders,

By looking at the higher timeframe for EURUSD, we can observe that EURUSD is preparing for a big move to the upside. We are currently in a zigzag ABC pattern. This kind of pattern is made up of 3 waves. Wave A = 5 waves, Wave B = 3 waves, and Wave C = 5 waves.
We are now in wave C = 5 waves. Once we complete wave C, we can prepare for the big move.

ZIGZAG Pattern (5-3-5)

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What we are looking for this week?

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Feel free to share your thoughts in the comment section.

Good Luck and trade safe!
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