It looks like the eurusd has completed formation of a wave 3(3). I believe the correction will be shaped in a range 60-80 maximum 100 points
It looks like the eurusd has completed formation of a wave 3(3). I believe the correction will be shaped in a range 60-80 maximum 100 points
It looks like the euro is currently nearing conclusion of wave 3. The target is in the area of 1.3800/10, there is loed quite good bunch.
http://www.fxo.ru/eurusd.html
I guess that the wave 5 (3) at eurusd continues as a diagonal triangle. I presume it will end on Monday
http://www.fxo.ru/eurusd.html
Currencies behaved rather. Now grows 4-th wave and after the end of correction for this 5-th wave will probably follow area 1.40
http://www.fxo.ru/
So do you believe 1.3600 is the end of the correction or is the abc completion just the end of a larger A downward up in advance today and then a last C down to finish the corrective movement?
I'm not very clear on the waves myself, I'm just a bad EW noob =-RRB-
Some fine charts btw
Can this thread alive? I want to continue this thread. I am only starting to examine Elliott Wave.
Not really.