KlejdiCuni

EURUSD: Update 3 - This Wave Is Almost Completed

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KlejdiCuni Uppdaterad   
OANDA:EURUSD   Euro / USA-dollar
I was expecting the price to finish on the first red zone but it made 120 points move higher. Anyway, the sell is setup is not invalidated. Don't forget that we are in a daily chart and 120 points are not too much as a deviation. I just want to emphasize that the area of support or resistance is not related to a specific price where you should buy or sell, but it is related to an area. I labeled the first area. For each different theory, we have different rules for trading. That is why I am still bearish in EURUSD and still looking for a sell setup. If you do not see a clear pattern that you believe in, then do not trade.

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First analysis:
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Possible Reversal Zone:

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