Euro moved down in an Impulse as posted in the last article and now seems to be reversing exactly from the marked support zone .
Hourly : Looks like Wave .c is complete and we are moving up for Wave iii/c.
Stop Loss below 1.14642 (Swing Low)
Euro : 1H : SL reached, will look to re enter longs again above W.4 high :
Euro : 15 min. : Looks like W.ii/b may be continuing as a Flat structure :
Euro : 15 min. : Expected progression :
Euro : 1 H : Considering Hypo 2 ( Case of Wave iv continuation) : It looks like we may be moving in a Wave .b as a Flat type of correction.
Hence a move above LT line can be treated as long trading opportunity with SL below recent swing low :
Trade closed: stop reached:
Euro : 1H : Looks to be moving in corrective 3 legs down from POR, it is unclear if W .b (Yellow) is already complete or still continuing, hence we wait for further clarity :