Greetings Traders, A long-term Elliott Wave analysis of EUR/USD suggests that we can expect a wave C down to complete the current structure. Due to the dynamic nature of the previous impulsive wave up, we should be cautious about the ABC corrective wave, as it may turn out to be much more complex. Long-term analysis is useful for predicting potential pullbacks...
Hello Traders, The price action suggests that the X wave is developing in the whole 5 wave structure (WXYXZ). Sail safely on the Trading Ocean.
Hello Traders, It looks like an Expanding Ending Diagonal is developing. Sail safely on the Trading Ocean.