EURUSD(D1) Wave reviewed

FX:EURUSD   Euro Fx/U.S. Dollar
1126 20 7
Hey there.

I reviewed the wave counting.
Thus, we consider three time periods:
- Day
- Weekly
- H4

EURUSD(W1) Wave reviewed

EURUSD             is very similar to the GBPUSD             .
While EURUSD             updated their Minium, GBPUSD             only the first wave forms
Look at the GBPUSD             (links below)

I assume that:
- Wave (W) has taken the form of a truncated zigzag ABC or (W)
- Wave (X) has taken the form of a double three
- Wave (Y) takes the form of a zigzag ABC.
However, (W) (X) (Y) forms a double zigzag .
According to the rules of a double zigzag: Wave (W) and wave (Y) are the only zigzags. Wave (X) can take the form of any correctional model.

Given the size and depth of all the waves I think this layout is most likely.

With the development of the upward trend can be seen as the main option is correct markup. If the price will rapidly grow rapidly, it would mean that (W) (X) (Y) have been completed and a new uptrend in the form of wave

EURUSD(D1) Wave reviewed

A wave of the (Y) takes the form of a impulse.
Possible price reversal in the arae of 1.077 (176.6% of the FIB )

=== H4 ===

How much will a deep fall, is not yet known.
Indicators oversold, gradually formed divergence. But a clear signal for the purchase of none.
A further drop to 1,070 (50% or
But, it is possible and turn with the current prices. But I doubt it.
1.02 and long ...
You are getting close. :)
The wave (V) completes a third wave that continues the second wave at 1,28859. On the Elliot wave oscillator you will find a divergence with the price on the daily.
ALEX-Z PRO AristotelCostel
Look over time who's right :)
+1 Reply
I always do that. :P
Barker123 AristotelCostel
I have bullish butterfly on my daily weekly and monthly, strangely enough I had the same on last months NFP. And EUR/USD went up for about 5days. I guess situations change all the time. But it might be that some traders bank profits for the next couple of days, which means that it might go up. The other thing that is different this month is that the ECB is talking on Monday???? I guess we will have to wait and see.
EURUSD EWA third wave divergence

Details here
(See the flag of the language you... like :)
EURUSD EWA third wave divergence
-1 Reply
ALEX-Z PRO AristotelCostel
MACD does not always determine the end of the wave. In most cases it gives false signals. But thanks for your opinion.
ALEX-Z PRO AristotelCostel
At the time, the MACD has brought me a big loss in trading on the waves, about 150 points at the size of the lot = 1000000 (1P = $ 100 = $ 15,000).
I use it very rarely in determining the depth of the market.
I agree. However, I do not predict the end of wave III. The divergence can take some time to finish. The important thing here is that this divergence signals a third wave.
ALEX-Z PRO AristotelCostel
Wave counting - changeable. Let's see what will happen in the future :)
Yes, it is, but future is written on the past. :P

So let's see what's just happened.

Does Oil lead the move on EU?
ALEX-Z PRO AristotelCostel
If we are talking about MACD, then divergence properly search the histograms, and not moving, envelopes it. In this case, the histogram have to sublet or fall after the zero line.
ALEX-Z PRO AristotelCostel
Loock Histogram Divergence
+1 Reply
ALEX-Z PRO AristotelCostel
See how much money you would lose if you trade on the MACD + Signal line without histogram. Yes, there are two excellent entry into the market, but there are no points out of the market. No entry point back into the market.

Just compare the difference between these two graphs, and you will see that the histogram is better, quality.
+1 Reply
Dear Alex-Z, I've already told you that I do not trade MACD divergences.
The only single fact that I wanted to emphasize was that this kind of divergence on the Elliot wave oscillator/awesome oscillator or even MACD, as you can see in the daily plot of Crude Oil and as you will see on that of the EURUSD, signals a third wave.

The main difference between your view and mine is that in the next few weeks (I suggest) we will have another lower low on the EU, while you predict with your ABC that the present lower low is the last one for the next many months.
ALEX-Z PRO AristotelCostel
Loock My Open Long(Green Vertical line) and Short(Red Vertical Line) open and closed position.
I'm use STOCHRSI Divergence

The same thing here.

The same third wave divergence on the pound
ALEX-Z PRO AristotelCostel
Ok (^_^)
+2 Reply
I think I deserve a positive vote. :P

It's the fifth wave in pound and oil, while the euro is only completing its third wave.
+1 Reply
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