EUR/USD: triangle in wave [iv]

EUR/USD: triangle in wave [iv]


The price has been rising since a pullback from 4/8 MM Level formed. The main intraday target for wave [v] of 5 is 6/8 MM Level, which could be a departure point for a bearish correction.


There's a triangle in wave [iv], so the price is rising. An impulse in wave [v] hasn't been finished yet, so we should keep an eye on 8/8 MM Level, which is likely going to act as resistance.



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