My picks: stay short EURUSD, move risk to 1.4180, target is below 1.3800
Expertise: Technical
Average Time Frame of Trades:
5 waves down from 1.4340 make up wave 1 or A of a 5 or 3 wave bearish sequence. The rally from 1.3804 morphed into a complex correction but the implications remain bearish. The minimum objective is below 1.3804 but bearish potential is much greater. Stay short.
