We are on the sidelines. | 29 أبريل 2022

Wave Analysis;

The Euro has been trading within the upper and the lower trendline for a while now,during the previous trading days, the price bounced off from the corrective wave cycle two and and rallied towards the lower side at the impulsive wave cycle three.The price then rebounded to the upper side towards the upper trendline in continuation of the corrective wave cycle four.As at now, the price is around the lower trendline at the impulsive wave cycle five.If you are looking at this pair right now, wait for a break below or a rebound towards the upper side to pick a buy or a sell depending with price direction.

Trade Reccommendations:

We are on the sidelines.