EURUSD is setting up for a massive rally in wave 3. Wave 3 should exceed the high of wave 1 and might advance 1x or 1.618x wave 1. Price is sitting at a critical confluence level comprising of 61.8% Fibonacci retracement of the advance, and wave (c) equal 0.618 x Wave (a). I took a loss on last week because I was initially labeled the correction as a regular flat pattern. I had to re-evaluate before the market close on Friday, and I already open a new buy position.
All these are in line with bullish activity on Gold, and BTCUSD. While the US economy will suffer. Expecting Dollar weakness!
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.