EURUSD: Looking For BIG Bearish Impulse Here

2016年12月1日

Hey traders! Price is nearing the potential end of its fourth wave before the final drop to wave-5. In addition to the Gartley pattern complete in this area, there will likely be an abundance of supply here as the zone is confluent with many levels of interest. A word of caution, however: This is not yet a sell trade! Just a potential setup if the bearish impulse presents itself. I expect some hard resistance at the 1.067 level. If price powers through the SL, it will be a sign of deeper bullish correction and a recount will be in order. Keep your eyes on this one - Happy Trading!