francescoforex

EURUSD - Elliott wave – update – minute wave ((a)) ended

Long
FX:EURUSD   Euro / U.S. Dollar

Ending diagonal in wave (v) is over - minute wave ((a)) ended
minute wave ((b)) should follow in a 3 wave zigzag/flat

ALT: minute wave ((a)) is not over yet

critical price area

previous daily close 1.1801
PP 1.1790 UP
Comment:
the ALT hypothesis has gained strength
in any case wave 5 must be less than wave 3 >1.1727
1.1750 could be a valid support
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