francescoforex

EURUSD - Elliott wave – monitoring micro wave ((3)) of submin v

Long
FX:EURUSD   Euro / U.S. Dollar

prevailing scenario

wave (ii) maybe over in abc subminuette correction
monitor prices evolution in a motive mode
wave ((3)) of v unfolding - first target 1,2189 fib 1.618 wave ((1)) ext

ALT: continuation of wave (ii)
possible expandig flat in 3 waves

critical price area

previus daily close 1.2148
PP 1.2145
FIB 1,2189 fib 1.618 wave ((1)) ext – 1.2233 fib proj wave v (double extention 3/5)
static S/R 1.2182 critical R
volatility D 1.2130-1.2223
Comment:
wave ((3)) - reached fib 2.618 extension at 1.2217 area
waiting for wave ((4)) to develop
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.