FX:EURUSD   Euro / U.S. Dollar
519 2 2
EURUSD             1hr chart
Currently trading wave 2 inside wave C (see chart)
Look for selling below 1.09; or better selling into EMA (21) for wave 2 @1.0955
Target @1.07
Hello michraz,
Thank you for your comment, you are right wave 2 on dec 3 is lower than wave 1, it is not valid following ew rules on this timeframe.
Please see chart 4hr and it looks ok.

Wave 1 in december 29 was done in 5 waves, that is why I propose price could go lower
Reply
This is more or less how I see it.
But your (2) on Dec, 3 is lower, than (1). This is impossible.
Reply
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