Euro / U.S. DollarShort
Flat market
We have now nice three possibilities to end downtrend FLAT corection (ABC).
Possible C ends:
1. Now we have 3 retracements close to the 1,31092 : 61,8% of A, 70,7% of C and 78,6% RX
2. Level of 78,6% B, 70,7% A is close to the 1,31463
3. Last level appears to be at 1,31908: RX 100%, and 78,6 of A wave.
W will see soon if this possible flat correction will end II-nd wave in downtrend....
Possible C ends:
1. Now we have 3 retracements close to the 1,31092 : 61,8% of A, 70,7% of C and 78,6% RX
2. Level of 78,6% B, 70,7% A is close to the 1,31463
3. Last level appears to be at 1,31908: RX 100%, and 78,6 of A wave.
W will see soon if this possible flat correction will end II-nd wave in downtrend....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.