its_new_wave
Short

EURUSD: Keep on eye on...

FX:EURUSD   Euro Fx/U.S. Dollar
A current wave count this pair and DXY             show that the market will have a significant decline. The 15th on May EURUSD             did a wave (4) at1.1465 and after that have fallen down in wave (5) with first target at 0.94
Current wave count looks like a sequence one-two waves. It is meant that the market will down to wave three (Wave (( iii             ))) with significant acceleration and break bottom of channel. A first target for wave (( iii             )) = 1.618 x wave ((i)) = 1.037.

I think this pair ready for down now or will be soon: RSI divergence and wave count in wave ((ii)) looks ended.

Also, I wait this scenario because this pair must show a next bottom of H4 cycle, which will be near the 03th on June or couple next day.

I ready for open short when pair will break at 1.0925 with SL at 1.10.

Looks good, don't fight the Fed nor the ECB.
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Unexpected turn. I will post alt count later
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So. IN this count wave ((i)) and ((ii)) looks very small, but does not contrary elliot waves rules. Also this count allow get a clearly count in wave ((iii)) and ((v)). Another one alt count is wave w instead of wave ((iii)) and wave y instead of wave ((v)). Need a time for look and understand what exactly market do.
snapshot
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