Hellena | EUR/USD (4H): SHORT to support area 1.16780 (Wave 2).
Colleagues, I believe that the price is completing an upward movement in wave 1 of the middle order, and we will soon see a correction in wave 2.
First of all, I think we should expect the completion of the small wave 5 in the 1.18300 area and then expect the price to fall to the support area of 1.16780.
There are two possible ways to reach the target:
1) the price will immediately start moving towards the target, and then we will need to slightly revise the wave marking.
2) from the resistance area.
In any case, the target is the same.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!