So this one is very messy at the moment.
I'm not trading this pair right now.
I'f we're following the rules of Elliot wave, we should see a leg going higher to make the last wave. There is also a chance that we already have had the 5th wave, but then the overlapping of the bottom of 4 and 1 must be accepted, and this is rare with EW.
I'm not trading this pair right now.
I'f we're following the rules of Elliot wave, we should see a leg going higher to make the last wave. There is also a chance that we already have had the 5th wave, but then the overlapping of the bottom of 4 and 1 must be accepted, and this is rare with EW.