Very well, great job! I'm short GBPUSD after that last spike above 1.47 as posted earlier this week. So had to follow my risk management rules and had to wait with EURUSD untill GBPUSD was risk free. Nevertheless EURUSD might be consolidating soon for a great trade set-up with NFP tomorrow on the agenda.
Regarding EURUSD and GBPUSD? No I think that first 'Brexit' referendum needs to be out of the way. Only after that I think the market will be able to complete these corrective patterns on higher time frames.
the corrective pattern on the daily EURUSD is not complete ?
the daily close of the candle for the wave A is equal lenght of the wick of the C wave
or you think there wil be much more corrective patterns
how is your website doing it was online for a short period of time :)
Yes it was online for a day but that was a mistake of the webdesigner. Hopefully next week. I'm not saying the correction is not complete, it can be but bearish moves can be erased easily in the short term. So take it step by step on lower time frames, however the 'Brexit' scenario is what will influence the market. A likely wave relation is only a guideline and not enough to say something is over. There are many corrective combinations possible so keep an open mind.