FX:EURUSD   Euro / U.S. Dollar
83 6 3
im tinking the same like your chart...
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A - B - C looks to me like wave 2-3 of a larger swing. 3 - 4 (4 being unfinished, in your chart) could very well be the beginning of a new wave 1 in the larger frame wave 3 upwards movement.
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Atchiko MisterFXGuy
u mean this ? (TF D1)
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Atchiko Atchiko
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Exactly. The 0-1-2-3 in your chart above is just the 1-2 in a wave like that.

Disclaimer: I THINK. Ha.
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On second thought - I exited my long. I'm actually feeling like you might have been right originally. My response here about the wave is just that an impulse wave should have 5 waves within it, not less like with this, which is more characteristic of a retracement wave.

Since I'm not sure, I'm not holding a position.
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