On this short term chart we can see a nice expanded flat wave (x), where wave c = 2.618 of a and (x) ends around the 76.4% fib retracement of (w). Look for prices to decline and go below 1.4360.
I was born on July 20th 1983. I have been trading since 2007 and using Elliott Wave analysis since 2008. I also use trendlines, fibonaci, candlesticks and various indicators to determine a future direction of price.
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