EURUSD near to completing Wave 5 around 1.1990/1.2000

1 сент. 2020 г.

EURUSD has pushed above 1.1965 as we re-do the counts here. Wave iv potential triangle termination seen at 1.1754 lows and Wave 5 has not extended above 1.1965. A break below 1.1754 would confirm a top in place and EURUSD would then be poised to produce at least a meaningful corrective drop if not below 1.0636. Once a top is in place we shall explore probabilities for a trend reversal or just a correction. Preparing to sell again.

Prepare to sell again @ 1.1990/1.2000, stop @ 1.2100, target is open

Good luck!