AynCzubas
Long

Prepare for Possible Spike to 1.1108 (Now?)

FX:EURUSD   Euro Fx/U.S. Dollar
46 1 0
All bets are off on this one, unless price comes back up above 1.0923 pretty quickly. Otherwise this may end up being a retrace down to 0.786 of the entire impulse thus far .

Wave 4 Triangle, I believe it is, implies a thrust to 1.1108, just to above the larger triangle's upper trendline (see my recent postings on EUR/USD             ). Launch sequence is nearly complete ;-)
AynCzubas
a year ago
The "e" wave of this 4th wave triangle has dropped slightly below the low of the triangle's wave "a" (1.0923) but it is not finished developing. I believe it is adjusting to allow for a more exact thrust measurement to the upper trendline of the larger triangle, which should indeed be the result (a thrust target at about 1.1102) if wave "e" (itself a triangle) actually concludes its own pattern at/above 1.0923 as well.
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