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francescoforex

EURUSD - Elliott wave – update count wave – wave (iii) up

Long
Euro / U.S. Dollar (FX:EURUSD)  
francescoforex Updated   
FX:EURUSD   Euro / U.S. Dollar
Elliott Wave correctivestructure motivewave
1
0
elliottwaves correctivestructure motivewave

corrective ((a))((b))((c)) is ended - motive wave up should follow in minuette degree
minuette (iii) unfolding extended

ALT: motive wave down is still running in wave iv
1.1962 critical price area FIB 0.3862

critical price area

previous daily close 1.1925
PP 1.1915 UP
Comment:
alternative hypothesis has gained strength
subminuette wave v is unfolding - possible target 1.1815
at that point wave minute wave ((a)).
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