EUR/USD: wave (iii) is about to end
2/10/2017
Wave 2 has been formed like a zigzag, so the price is declining. Previously, a wedge in wave 1 has been formed. Therefore, we could have wave [i] in the short term.
As we can see on the one-hour chart, there’s an extension in wave (iii). So, if a pullback from 0/8 MM Level happens, there’ll be an opportunity to have wave (iv). In this case, we should keep an eye on 2/8 MM Level as a possible intraday target.
More:
https://fxbazooka.com/analytics/12432