EUR/USD Outlook: Short-Term Upside Within Wave 4 Structure

30 Mar

🧩 Medium-Term Structure:

EURUSD EURUSD continues to develop within wave 4 of a larger impulsive move. Given the volume distribution and price behavior, the most likely correction pattern is a contracting triangle (cT).


Alternative forms for wave 4 include:
- FL — Flat
- EFL — Expanding Flat
- RFL — Running Flat
- cT — Contracting Triangle *(most likely)*
- bT— Barrier Triangle
- d3 — Double Three

📍 Short-Term Plan for the Coming Week:

On lower timeframes, I expect upward movement targeting:
- pwh — previous weekly high
- Closing the 4H imbalance / FVG
- Retesting one of the dynamic vWAP levels

💡 My trade setups are aligned with the scenarios illustrated on the chart.


📌 This view remains consistent with wave 4 development and suggests a possible “culmination” move to the upside before a potential larger reversal.

🔗 Global view and long-term forecast for EURUSD EURUSD : https://www.tradingview.com/chart/EURUSD/YD7XuCXB-The-Endgame-for-EUR-USD-Final-Impulse-Before-a-Macro-Reversal/

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