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Dec 4, 2015 5:18 AM

EURUSD DAILY Chart - December 2015 Long

Euro Fx/U.S. DollarFXCM

Description

This is the December daily chart of the EUR.

WAVE COUNT
Wave (B) may now be finished. Wave (C) to come. We may be now seeing the beginning of the wave (C) up with this HUGE spike up as only part of the wave (1) of the 5-wave wave (C) up.

PATTERNS
Two patterns just completed that may have just marked the ending of this wave (B). One is a completed bat and the other is a completed crab #1 pattern. There is a POTENTIAL Crab #2 that is lower but now, I do not believe that pattern will be filled.

Overall pattern that may be the one that will define the movement up for the next few months will be the LARGE POTENTIAL Bat (blue) that completes somewhere up by 1.23000.
Comments
huntingsniper
Very impressive ! Love your posts. Is wave c always in 5-waves structure, in any degree?
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