Therefore what we are experiencing right now is the beginning of an impulsive decline down in a 3rd wave in multiple degrees... Price has already made 5 waves down in a 15 min TF and is now in the process of a small 2nd wave... When that finishes we should see an even more powerful decline... That decline will confuse many traders who will keep on buying considering this is a buy the dip opportunity... But obviously they will fail... their stops will be getting triggered until they realise that we are heading much lower and start selling... I think, (if this counting is correct) that this is the highest level we will see for EURUSD at least for the next 1-2 years...


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