EURUSD - One Last Drop?

I expect to see the following price action go no higher than the last high but near it, enough to put on a low risk trade before collapsing in an impulsive (5 Wave) manner.

If your conservative you can wait for a break of the rising trend line but its going to cost you more.

Be Humble :P

Kommentera:

Ok so the move happened quicker than expected which is great.
It appears to be retesting the trendline area and then should keep dropping.