EUR/USD it looks like a corrective decline for Wave ii/b should soon follow which should be confirmed at the break of the red channel to the downside.
However it needs to be noted that this will only be a corrective move down and hence should be followed by a new Impulse to the upside which should take Euro above Wave i/a high.
More precise levels will become clear once the corrective move is confirmed.
However it needs to be noted that this will only be a corrective move down and hence should be followed by a new Impulse to the upside which should take Euro above Wave i/a high.
More precise levels will become clear once the corrective move is confirmed.
코멘트:
So far following the arrows, we wait for the break of orange channel to enter shorts :
코멘트:
Euro : Down move seems to have started, shorts can be added with SL above Swing high, expecting move till white support zone :
코멘트:
Euro : 1H : Looks like W .a has begun the downward progression :
코멘트:
Euro : So far moving as expected :
코멘트:
Euro : T1 achieved, W.(3) about to get complete with possibly one more down leg remaining in the same :
코멘트:
Euro : 15 min. : As expected, W.(3) complete, moving up for W.(4) possibly as a Zig Zag or a complex correction :
코멘트:
Euro : 15 min. : Looks like W.(4) might be continuing sideways, most likely as a Triangle which should be followed by W.(5) down, hence sideways to bearish for now :
코멘트:
Euro : 1H : Expected progression of W.(4) as Triangle, if it moves above the LT line then that would mean that the correction is already complete and hence 1.16578 should be taken as SL for shorts for now :
코멘트:
Euro : 1 H : Updated Count : W .b either complete or continuing as a Triangle :
코멘트:
Euro : 15 min. : Expecting up move for W.C of the Triangle :
코멘트:
Euro : Went up as expected but without the deep correction that was expected, the Impulsive move suggests that this may be a W.c up for Flat correction rather then a Triangle, also there is the small possibility that the W .y is already complete and this is the new Impulse to the upside :
코멘트:
Euro : 5 min. : W.x/b looks to be continuing :
코멘트:
Euro : So far as expected, looks to have completed W.A of Triangle W.D :
코멘트:
Euro : 15 min. : Updated Count : W .x/.b still looks to be continuing :
코멘트:
Euro : 15 min. : Hypo 1 :
Hypo 2 : W.ii/b is complete and we are going to see a straight up move from here :
코멘트:
Hypo 2 : W.ii/b is complete and we are going to see a straight up move from here :
코멘트:
코멘트:
Euro : Hypo 1 : Update : 15 min. :
코멘트:
Euro : 1H : Expected Progression :
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Author : Think with the Markets