EURUSD – Fifth wave advance to continue – November 29th, 2020

EUR/USD, 12H chart. It seems like wave 4 might take the form of a double zigzag. If correct, a fifth-wave advance should move on in the short term.

EUR/USD, 120Minutes chart. The market has been moving up since the pullback occurred last Monday. I’ve adjusted the wave count to a more aggressive bullish scenario. In this case, it’s likely that the pair is going to continue unfolding the third wave of wave (iii) during the day.

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