Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
EURUSD in daily timeframe , If you have checked the weekly analysis of this symbol in our account, we would expect a decline from this symbol (in general)
And the previous five-wave trend was related to wave c of a correction.
The progress that is being made is for wave 5 in the weekly time.
This wave 5 is probably over (1) and now the correction for wave 2 will be formed
The movement process that we consider for wave 2.
Orange movement trend: the ascent to the bottom of the pink canal continues and then the correction in this range is formed for this ascent and then with the breaking of the canal ceiling, the ascent to Fibo will continue to 0.38 and finally to 0.50.
Or generally up to the middle line of the orange channel
Abi has a strong uptrend in this analysis and then breaks the orange channel roof strongly upwards and then Pulbecki hits this ceiling and the climb will continue at least up to Fibo 0.5 and up to 0.618 to 0.78.
Also, we are currently considering this correction in the form of wave 2 as a zigzag, but we will continue to consider the possibility of other corrections.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
EURUSD in daily timeframe , If you have checked the weekly analysis of this symbol in our account, we would expect a decline from this symbol (in general)
And the previous five-wave trend was related to wave c of a correction.
The progress that is being made is for wave 5 in the weekly time.
This wave 5 is probably over (1) and now the correction for wave 2 will be formed
The movement process that we consider for wave 2.
Orange movement trend: the ascent to the bottom of the pink canal continues and then the correction in this range is formed for this ascent and then with the breaking of the canal ceiling, the ascent to Fibo will continue to 0.38 and finally to 0.50.
Or generally up to the middle line of the orange channel
Abi has a strong uptrend in this analysis and then breaks the orange channel roof strongly upwards and then Pulbecki hits this ceiling and the climb will continue at least up to Fibo 0.5 and up to 0.618 to 0.78.
Also, we are currently considering this correction in the form of wave 2 as a zigzag, but we will continue to consider the possibility of other corrections.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️