EURZAR has truncation at Elliot's fifth wave
EURZAR has truncation at Elliot's fifth wave and could be start with corrective waves.
A truncated fifth wave, which is a sign of exhaustion in the main trend at next higher degree, is often preceded by an exceptionally strong third wave of the same degree. A truncated fifth wave is often fol- lowed by a swift and sharp reversal.
A truncated fifth wave, which is a sign of exhaustion in the main trend at next higher degree, is often preceded by an exceptionally strong third wave of the same degree. A truncated fifth wave is often fol- lowed by a swift and sharp reversal.