jdemunter
Long

Eur/Usd : End of wave B

FX:EURUSD   Euro Fx/U.S. Dollar
There's a possibility that wave B(circle) has bottomed or is close to doing so. Wave (Y) is small compared to wave (W) but price has touched the 50% fib from the entire wave A(circle) rally. It is of course possible that wave B(circle) will transform into a bigger corrective wave and this is only a first wave in that corrective wave.
Thank you so much you helped me so much....... GOD BLESS YOU
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How far will go... do you have any figure? Thanks
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Hi Maroka,

If wave B circle is complete, targets are 1.2043 and 1.2338 ( fib extensions ). But be careful, there's no evidence from price action that the trend has changed to the upside yet. It might be too early and dangerous to trade to the long side (maybe with options), but that's up to you and the risk you're willing to take of course.

Best of luck,
Jeremy
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i see thank you so much.. I feel honored
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