EURUSD
Price is now potentially making a wave X (purple) of a bigger wave X (red) correction before the uptrend (light blue lines) continues. Whether wave X (red) finished yesterday at the 50% Fibonacci level or retraces lower to the 61.8% Fib remains to be seen.
4 hour c
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EURUSD
Price is now potentially making a wave X (purple) of a bigger wave X (red) correction before the uptrend (light blue lines) continues.
4 hour chart EURUSD:
Price has support and resistance lines (magenta) which act as potential lines in the sand. A break of those l
...
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EURUSD
Price is now potentially making a wave X (purple) of a bigger wave X (red) correction before the uptrend (light blue lines) continues.
4 hour chart EURUSD:
Price has support and resistance lines (magenta) which act as potential lines in the sand. A break of those l
...
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EURUSD
The impulse up yesterday could potentially be a wave X (purple) of a bigger wave X (red) correction before the uptrend (light blue lines) continues.
4 hour chart EURUSD:
The usual wave C (blue) target of wave X (purple) has been hit at the 61.8% level – although th
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EURUSD
The jury is still undecided whether this is an impulsive 5 wave down (green letters) or an ABC correction (black letters).
4 hour chart EURUSD:
The usual wave C target has already been hit. Now it will be interesting to see if price bounces (green arrows) or breaks
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