In bigger picture we´re in a triangle which isn´t completed yet. To complete the 5th wave in the triangle we need one more drop. Inside of this last drop we´re in the correction (4th wave) which almost is completed. When the WXYXZ correction is completed I exspect further downside for about 150 pips before we´ll get a big move to the upside.
I´ll wait for the price to reach the bluebox and then look for a Impuls+ correction on lower timeframe and will update in the comments.
Please also have a look at my other forecasts linked below and feel free to like and share.
impusle as a wave in a triangle? Jokes aside
Iven if this is the impulse, w4 is too big as opposed to w2.
Rejected))
Nonetheless, there is sure a triangle. And the question is whether wE is done or not
Iven if this is the impulse, w4 is too big as opposed to w2.
Rejected))
Nonetheless, there is sure a triangle. And the question is whether wE is done or not