FX:EURUSD   Euro / U.S. Dollar
99 30 1
Posting this just to show that EW works on ANY Time Frame!

Let's see if the analysis is correct!
Still looking for one more leg on 1m to complete the entire down structure at around 1.0945
+1 Reply
nezyrinfx JigneshDavda
it did not retrace and market is very slow today. most possibilities are going to fill that 4hr gartley which is also maybe in the PRZ of the C point of Bearish Butterfly. which also will commence the 3rd wave up and also completion of wave 2. am i correct with the wave count?
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It already retraced to 1.0986 which is enough for a new downside cycle to start. I'm watching a break of lows at 1.0940 which will confirm that the new cycle has started.
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Partial profit here at 1.10 and calling it a day. leaving a bit on for that potential gartley.
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nezyrinfx JigneshDavda
took profit at 1.0980. im seeing another potential smaller gartley in 1hr TF.
+1 Reply
I got out as well. Shorted a bit more on the flag @ 1.1010 holding for 1.0950 but right when it hit 1.0965 price started jumping higher with momentum, so covered around 1.0975/1.0980
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Looks like it was a triangle within the substructure of C, either way, the correction is done.. back in C down
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Looks like a pull back in C is in progress from 1.1025 lows. Will be looking to add to the short on this pull back if we see a nice ABC structure here
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nezyrinfx JigneshDavda
which price you potentially see?
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nezyrinfx JigneshDavda
so i can add more LOL!
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