EURUSD possible way the structure can develop.

FX:EURUSD   Euro / U.S. Dollar
3170 14 178
The EURUSD             is an a corrective structure (B) wave - I am expecting this wave to continue with one more leg down after a corrective move up.

Let's see how it goes. I will update this as the structure develop if/and it changes.

This is not for trading but for educational purpose.
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Anil, I don't know if you answer those kind of questions, no problem if you don't :) but are we currently on wave 3 for EURUSD parity? Thanks
+1 Reply
no ,not wave 3 ,there is no motive wave in this corrective structure
+2 Reply
I see great value in this analysis, particularly as on a weekly timeframe we are in serious consolidation with Bear pressure. I've only recently come to your charts Anil, and I must say they are a very good (and efficient) foundation for corrective Elliot trading.
+1 Reply
Thank you .
+3 Reply
Agree, im looking price acting the same way but use different analyst.
The awesomeness of this chart is indescribable.
Thanks, Anil!
+2 Reply
Agree with your analysis Anil.
+1 Reply
that's really interesting
+1 Reply
Hi Anil! Thanks for your idea. I would like to ask you a question. Sometimes I don't understand your wave count, I think it's because I am a newbie but I really like to understand the way you operate because I think it's awesome. So, if you can tell me how I can learn this things I would be grateful! Thank you very much! Have a nice day.
anilmangal PRO rozy11Toro
The BEST and FASTEST way is to take my training course . Skype me: mangal457
+8 Reply
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