Euro has been progressing higher and breached all Resistance levels R=10855-10890 & 10910-10940, Broke thru 10990(11018) fridays high, where to from here now:
From 10727 it has completed 2 waves and is in the 3rd wave which could have had completed at 11018(double top) or extending higher in a subdividing 5th wave to complete at T1, T2 OR T3, when this 3rd wave completes prices will consolidate for the 4th wave support for the 4th wave 10950-11000 depending on the setup, BREAK BELOW 10950-10900 then expect consolidation lower S=10850-10820.
If the price is extending higher then it will subdivide TARGETING T1=11060-11100 or extends higher ON A BREAK OUT ABOVE 11147 to T2= 11152-11210 & T3=11245-11300.
Keeping it simple on some price targets:
10640-11147(AB)=CD @10727-11245 (100%), Gartley = D=11300 @786*XA.
THERE IS A CYPHER in progress from X=10990,A=10812,B=10900,C=10727,WHERE D= T1=11060-11100@127-141*XA.
From 10727 it has completed 2 waves and is in the 3rd wave which could have had completed at 11018(double top) or extending higher in a subdividing 5th wave to complete at T1, T2 OR T3, when this 3rd wave completes prices will consolidate for the 4th wave support for the 4th wave 10950-11000 depending on the setup, BREAK BELOW 10950-10900 then expect consolidation lower S=10850-10820.
If the price is extending higher then it will subdivide TARGETING T1=11060-11100 or extends higher ON A BREAK OUT ABOVE 11147 to T2= 11152-11210 & T3=11245-11300.
Keeping it simple on some price targets:
10640-11147(AB)=CD @10727-11245 (100%), Gartley = D=11300 @786*XA.
THERE IS A CYPHER in progress from X=10990,A=10812,B=10900,C=10727,WHERE D= T1=11060-11100@127-141*XA.
