By looking at the higher timeframe for EURUSD, we can observe that EURUSD is preparing for a big move to the upside. We are currently in a zigzag ABC pattern. This kind of pattern is made up of 3 waves. Wave A = 5 waves, Wave B = 3 waves, and Wave C = 5 waves. We are now in wave C = 5 waves. Once we complete wave C, we can prepare for the big move.
ZIGZAG Pattern (5-3-5)
What we are looking for this week?
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Good Luck and trade safe!
Note
EURUSD Update - We were waiting for a pullback to appear. Waiting now for price to reach our sell zone and then we can look for sells
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