Description
⋅ Complex Wave 4 - who could have thought:)
Comment
⋅ Target for this is 200 wma which is in the 1 and high teens
Comment
⋅ Solid green candle above 55 wma. EUR could be in Wave 3 now in the final Wave C on the assumed flat
Comment
⋅ 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