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NeverNO
May 1, 2023 2:12 AM

EURUSD - VARIANT 2 Short

Euro Fx/U.S. DollarFXCM

Description

In this variation, I plot the blue ABC correction of the entire falling stretch since January 2021 (1.23491) to September 2022 (0.95356), which is expected to rise above 0.618% = 1.12743 and reach 1.13835.
As in Variant 1, the target should be reached by July (August at the latest).
The red b can correct the red a either 0.38, 0.50 or 0.618%. That remains to be seen.
The trend would not turn bearish until Weekly closes below 1.06994.

Comment

BIG PIC

Comment

All 3 specified levels have been reached.
(yellow circles)
Comments
yansy84
still same target heading to 1.13 ?
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