Good trading setups ahead! Elliott Wave theory helps the trader to understand the markets and navigate the chaotic price action. This week in our Elliott Wave live analysis report, we are looking for profit-taking on the EUR/USD and a new short trade on USDJPY. While the S&P500 is not clear yet, if the end of the corrective wave happened, WTI is having quite an exciting week because the price is likely to drop.

Do not forget to lower your trading risk during high volatility days, stay safe, stay at home, and have a great trading week!

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