Trader, analyst and instructor with a 6-year experience

EUR/USD: weekly wave analysis

Roman Petuchov

Weekly. The market is currently forming a wave flat B (final part). Let's review the details. 

Daily. We see a strong bearish trend that has been forming for a year. The final bearish impulse (5) is now being formed. 

H4. Wave 4 of (5) is a double tripple. On the new week we expect a bearish trend to be constructed with small rising or horizontal corrections. 

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