DrFX
Short

Euro Zig Zag correction complete?

FX:EURUSD   Euro/U.S. Dollar
142 3 1
Looking for 1.347-1.343 as a C wave target before higher, what I initially thought was a triangle looks like a Zig Zag correction.
snapshot
suspect wave iv of C is complete as an a=c zig zag
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snapshot
A=C target hit and had a good reaction, wave 4 or the larger C could be complete but would need more conformation. My gut feeling is we will have another stab lower to complete a 5 wave sequence for the C correction. I will be looking at a failure or success of shorts at 1.35 for conformation.
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snapshot
better looking chart, the original looks awful even if you zoom in!
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