Good day traders
here is my analysis on the corrective structure forming on EURUSD
the concept behind this structure is that after a zigzag price should give another structure if there is to be a further correction. Of course we can get a double zigzag correction but i did not go with that idea because price retraced above the 0.618 level of the zigzag correction.
i think price is giving a flat correction next which is presently forming wave c.
here is my analysis on the corrective structure forming on EURUSD
the concept behind this structure is that after a zigzag price should give another structure if there is to be a further correction. Of course we can get a double zigzag correction but i did not go with that idea because price retraced above the 0.618 level of the zigzag correction.
i think price is giving a flat correction next which is presently forming wave c.
