EUR/USD. The Upward Movement is Postponed for Some Time.
EUR/USD. The Upward Movement is Postponed for Some Time. | 01 Mei 2024
01 Mei 2024, EUR/USD
The previously considered scenario has undergone some changes. Unexpected weakness from the euro has led to a price decline, forming a zigzag pattern. The anticipated rise, intended to form wave 5 in the initial diagonal triangle, did not materialize.
It appears that the entire wave structure has already formed, and the recent decline is likely due to the development of a correction, including wave 2 in the emerging upward movement.
If this is indeed the case, it is necessary to wait for the euro to stabilize its current movement and take the initiative to begin forming a sustained impulsive movement in wave 3.
Until then, attempting to enter into any trading positions is not recommended.
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.