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We're waiting for a corrections

We're waiting for a corrections | 28 Septiembre 2023

28 Septiembre 2023, EUR/USD

We're waiting for a corrections

EURUSD has completed forming the impulsive 'V' wave pattern, and currently, as seen in the chart above, the price is at a major impulsive outer wave 'V' at 1.0499, which serves as the support zone. We anticipate the price will make an impulsive move to the upside, forming a corrective 'ABC' pattern. You can consider placing a long position at 1.0531, with a profit target in the range of 1.0692 to 1.0752. Lastly, please note that this setup will only be invalidated if the price makes an impulsive break and closes below 1.0499.

Trade Recommendations:

We're waiting for a corrections

Bob Stan
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