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.

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