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We are on the sidelines now,waiting for price at the lower trendline to pick a buy.

We are on the sidelines now,waiting for price at the lower trendline to pick a buy. | 14 January 2022

14 January 2022, EUR/USD

Wave Analysis:

This pair has been tradimg with the upper and the lower trendlines,I expect the price to move from the current position 1.1475 to the lowe trendline to complete the corrective wave 4,then proceeds upwards upto 1.1525,or even more bullish momentum to the upperside in accordnce with the current uptrend.

Trade Reccommendations:

We are on the sidelines now,waiting for price at the lower trendline to pick a buy.

Bob Stan
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