EURUSD dead cat bounce? EU downtrend update 1.1300 target?
Updated
This is a follow up to my previous plan: 
In the plane above, I was looking for an ABCDE structure to wave V.
But looks like the more common 12345 structure is unfolding.
CAREFUL with any Euro trades right now. ECB rate decision is less that 24 hours away.
But am posting this just to observe movement until then.
In the plane above, I was looking for an ABCDE structure to wave V.
But looks like the more common 12345 structure is unfolding.
CAREFUL with any Euro trades right now. ECB rate decision is less that 24 hours away.
But am posting this just to observe movement until then.
Note
Crazy end of week. EU kinda did what was expected, Given the strong bounce, I am thinking it will go higher yet before resuming downtrend, perhaps something like this:
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