I currently see two possible counts for EUR/USD. I have showen both counts on the chart. The Alternative count is the same as I have showen under the USD-Index as my most bullish count.
The black circle wave 2 or wave 4 count became a complex double correction. I do think that a top is in place for a new decline below 142,18, which has a first minor target at 141.50 with a possibility to head down close to 137.40.
A low risk trade could be to sell on a stop at 143.90 with a 144.95 stop-loss.
No comments:
Post a Comment