Our Sell Signal Has Arrived
As per our previous update, we have been absolutely spot on with our analysis in this market. We have confirmed the start of the wave 5 down on the EURUSD daily, but due to the big move down from yesterday, we could see a retracement back to the mean before continuing downwards. The PTS has provided us with our sell signal, and if we get a close on our StoryTeller signal at the end of today, the combination will provide us with a strong signal for more downside potential to come. We could see this market trading below 115 very soon.
EURUSD Daily Chart
Wave 5 has started down. We could see an up day, but we are still looking for Shorting opportunities.
Last few places for Learn to Trade Live this Saturday, buy here. Learn to Trade Live is a one day classroom course for beginner traders. It has helped hundreds of people learn the foundations of trading.