Disliked{image} EUR/USD – Wave 5 in Play? (4H Setup) Sharing a setup I’m watching closely. Looks like EUR/USD completed a clean ABC correction into the 1.1266 area, right at the 0.618–0.786 fib zone. Price rejected hard from there, which aligns with the 200 EMA and trendline resistance — classic spot for wave 4 to end. I’m now expecting wave 5 to unfold to the downside. Targets around 1.105 and 1.095 based on fib extensions and volume profile gaps. SL is just above the recent high at 1.1266. Everything seems to align technically — Elliott Wave, fibs, Gann,...Ignored
Price respected that yellow Line many time and close of last candles ( 4H) always below the line ... let's go bears ...
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