FX:EURUSD   Euro / U.S. Dollar
67 0
Hi all,

This wave count states that 1) Intermediate W completed as a zigzag and 2) Intermediate X is unfolding as a regular flat.

Wave C of any flat correction must unfold in 5 waves. So if minute wave 4 pink moves beyond minute wave 2 pink, the idea for an expanded diagonal for Minor C will be discounted. In previous publication, I have made mention of the fact that double zigzags can achieve the same quality of progress as that achieved by a regular motive structure. So this will be the main premise for *MINOR ALTERNATE 2*. This wave count however is based on the assumption that Minor wave C blue is a motive structure, which is to be expected given the correction at hand.


Wave C of any flat correction must unfold in 5 waves. The relationship between the impulse waves imply the possibility of an expanding flat, despite the lack of fitting subdivision and parent-wave-location.

Price is currently located in Minute wave 4 pink.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out