Intermediate Wave X (black), trade which was posted previously a the top of (W) (black), has finalized.
Intermediate Wave (Y) (black) is about to complete the its first leg from the Minor within its structure.
Minor A (light blue) ( EUR/USD trade which was posted previously on ECB Meeting) is about to finalize, paving the way for its Corrective Wave, Minor B (light blue).
Within this Structure, the Minutes (green) unfolded as a , with an extension in Minute C (green).
Minute C's (green) Impulsive Waves (i) & ( iii ) (black) posed solid gains and share the same length. from Minuette (i) to (ii) (black) points out that Minuette ( iii ) (black) shares the same length (100%) as Minuette (i) (black), which points out the fact that Minuette (v) should be limited towards a 61.8% from Minuette ( iii ) & (iv) (black).
Decreasing Volumes are already showing the Main Divergence and the Secondary Divergence will join forces once the final small move for Minuette (v) (black) will be done.
To be noted that the Divergence popped up also at a Double-Top Level (Intermediate (W) high).
Minor B (light blue) is expected to finalize at the 50-61.8% Fibonacci Retracements of Minor A (light blue).
EUR/USD - Short:
Entry - 1.08350
SL - 1.09100
TP - 1.06200
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