EUR/USD. The decrease in the fourth wave of the rising impulse.

The final trade day of the last week showed that the previously proposed correction is most likely incorrect. The price is under pressure and will most likely decrease. And this is all in the framework of the formation of a diverging horizontal triangle in which the development of the wave e is currently undergoing.

during today’s trading day the price will go down to the lower forming specified correctional model, where the formation of the wave IV will end, part of which this triangle is. Further, growth is supposed to be in the framework of the development of the wave V.

Investment idea: Sell 1.0510, Stop Loss 1.0530, Take Profit 1.0400.

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