07 апреля 2022, EUR/USD
Wave Analysis:
The Euro has been trading on a downtrend for quite sometime now,recently the price bounced off from the upper trendline at the corrective wave cycle four to the lower side in continuation of the impulsive wave cycle five.As at now the price is rallying within the upper and the lower trendline,I expect the price to break below the lower trendline and continue short. If you are in this pair right now,wait for a clear break out either below the lower trendline or above the upper trendline,then pick a buy or sell according to the price position.
Trade Reccommendations:
Wait.
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