This is my Elliott wave idea about EURUSD on the 4 hours chart.
It is mostly progressing as expected.
We are in "sub wave 3(Blue)" of "wave (3)" shown in the Red line.
I think that the “wave (3)” will grow to the levels of 1.090-1.080.
An overview of EURUSD on 1W chart.
An overview of DXY on 1W chart.
I think that “wave 5 (Red)” will be extended.
I think that wave C on EURUSD and wave 5 on DXY will move together.
It is mostly progressing as expected.
We are in "sub wave 3(Blue)" of "wave (3)" shown in the Red line.
I think that the “wave (3)” will grow to the levels of 1.090-1.080.
An overview of EURUSD on 1W chart.
An overview of DXY on 1W chart.
I think that “wave 5 (Red)” will be extended.
I think that wave C on EURUSD and wave 5 on DXY will move together.