Count is invalid if invalidation lines are hit. Target for wave ((iv)) is the .382 fib to complete an expanding flat pattern. Look for RSI to diverge in the fifth wave of (c) of ((iv)).
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I haven't been able to publish anything in a while. Just a quick update related to Key levels on Euro.
Price level is near invalidation but also possibly topping. The hourly chart shows impulsive Elliott Waves to the downside developing. The 55 EMA has crossed the 200 EMA, a trend change signal, again for the hourly chart.
It's too early to call a top. Note this could unfold as a larger zigzag (5-3-5) to be a corrective wave. If that's the case, it's likely the invalidation line will be crossed and this entire count is invalidated.
However, if the larger (weekly) count plays out. There will be lots of opportunity to short euro.
Will you update EURUSD ew count?
Thank you for your interest.