I erased the short term wave count for now because there are too many possibilities at the moment. Nevertheless I'm looking for a sell trade as shown in the charts. I'm definitely not a buyer in this zone, for a buy I need a clear impulse on lower time frames followed by a consolidation because so far it looks very corrective.
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For context see links below:
updates will follow
www.timstuyts.com
www.facebook.com/wwwtimstuytscom
www.youtube.com/watch?v=HvmWTm4f...
Komen:
EURUSD is consolidating, IF it however breaks bullish I will wait for next consolidation before considering a buy trade.
Komen:
no change in bigger picture but with this response and what dollar index is telling us we should adjust. Keep an eye on the black horizontal dotted lines and the two major fibs showing 50%. EURUSD is famous for its 50% range. First of all let price mature before entering so you will increase your probability.
