EURUSD iii of 3rd might resume within Wave C until below 1.1770

5 thg 11, 2020

EURUSD overall structure from 1.2010 might be unfolding a 3-3-5 towards 1.1500 at least. Waves A and B might be in place already at 1.1612 and 1.1880 respectively. If correct, Wave C is underway since then, and unfold into 5 waves lower towards 1.1500 and up to 1.1150, going further. Further Waves 1 and 2 within Wave C also seem to be in place at 1.1622 ans 1.1770 respectively. If the above holds well, EURUSD should unfold sharply lower as iii rd of 3rd wave unfolds. Bottom line; prices should stay below 1.1770.


Remain short, stop @ 1.2010, target is 1.1500, 1.1400 and 1.1150


Good luck!