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We're short

We're short | 03 February 2023

03 February 2023, EUR/USD

We're short

EURUSD has completed forming the major 5 waves pattern and it's currently correcting to the downside in form of minor corrective 3 waves pattern. The market is currently at minor corrective wave a,1.08842. I expect this pair to reverse from this level 1.08842, up to around 1.09409 which we have we will mark as our minor corrective wave b. After the market reaches,1.09409, which is our minor corrective wave b, I expect the market to impulsively move to the downside at least up to around 1.08342, this level will be our minor corrective wave c. Should the market break above 109.217, this setup will be invalidated.

Trade Recommendations: We're short

Bob Stan
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