Hello Traders
It looks like EUR/USD trend is about to reverse. From my point of view i see an ending diagonal pattern still forming for wave C of a zigzag correction (ABC).
i'm looking for price to find support at .50 Fibonacci level before reverse.
As always i will be looking for a long entry after price breaks above wave 4 of ending diagonal (wave C)
Happy trading.
It looks like EUR/USD trend is about to reverse. From my point of view i see an ending diagonal pattern still forming for wave C of a zigzag correction (ABC).
i'm looking for price to find support at .50 Fibonacci level before reverse.
As always i will be looking for a long entry after price breaks above wave 4 of ending diagonal (wave C)
Happy trading.