Complex Wave 4 - who could have thought:)
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Target for this is 200 wma which is in the 1 and high teens
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Solid green candle above 55 wma. EUR could be in Wave 3 now in the final Wave C on the assumed flat
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Very nice green weekly candle closing above the 55 wma. Working well this
Comment:
Net spec positioning has z score of >2, multiyear net long. So very soon EUR will reverse for a pullback, probably around 1.13
