Русский
Toward the end of the trading week, the euro, which had been under strong selling pressure for a long time, suddenly sprang to life, attempting to rectify the situation. Additionally, the correction has dragged on, and it is time to move forward and draw the next wave of the forming impulse; otherwise, this will no longer be an impulse but a correction on a higher time frame.
The upward movement that has begun is presumably Wave 5 in the analyzed upward impulse. If this is indeed the case, we will see a strong, directed upward movement in the future, which is definitely worth trying to utilize to one’s advantage.
Thus, it is recommended to consider the possibility of entering buy trades at current market values.
Investment idea: BUY 1.0830, SL 1.0800, TP 1.1050.
Origin: FreshForex
