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Wait. | 28 February 2022

28 February 2022, EUR/USD

Wave Analysis;

The Euro is currently on a downtrend, and it has been trading on a contracting wedge formation. During the previous trading hours the price gapped from the upper trendline to the lower trendline in continuation of the impulsive wave cycle five. As of now the price is on the lower trendline, if you are looking at this chat right now we expect a further momentum to the lower side after a break below the lower trendline,

Trade Recommendations;

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Bob Stan
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