Has EURUSD Found a Long-Term Bottom? (Elliott Wave Analysis)

3 thg 6, 2019

EURUSD Has reached the minimum amount of time required for wave-B to end. There are also a lot of momentum divergences and bullish divergent bars that are indicating we may have hit the bottom here. If the low here can continue to hold then we could see a large out of the blue advance happening within the next few weeks. This would be the beginning of a wave-C which could be either about 6 months long or about 2 years long, and could take us to at least 1.25

This would be very good for cryptocurrency and makes sense if we are about to see a major crypto bull run, because EURUSD was also very bullish during the 2017 cryptocurrency bull run.