Trader, analyst and instructor with a 6-year experience

EUR/USD: weekly wave analysis

Roman Petuchov

Weekly. The market is now forming the last part of a strong bearish trend that is the final wave of the wave flat B. Let's review the wave [C] in details. 

Daily. Final bearish impulse wave (5) in the trend (C) is now being formed. After that the market will reverse to the upside. 

H4. The market formed a bullish zigzag 4. It was followed by the impulse [i] and a correction [ii]. In the coming weeks prices will decline in a bearish trend 5. 

Scroll to top