FX:EURUSD   Euro Fx/U.S. Dollar
Afternoon Traders,

As you know I have been yelling Parity at the top of my lungs since I've been on Tradingview, i'm sure some of you are sick of hearing it now! Most banks including now GS             are targeting these lows, I would advise retailers to stay clear of GBPUSD             and instead find opportunities on pairs like e.u.

Now likely a corrective 4th wave of a 5-wave             from the August higher; potential to retrace between 1.0963 and 1.1033 (23.6 to 38.2%)

Eventually still see potential for one more decline towards 1.066 before some more euro             relief.

GL

Yep, I concur with your chart. Just started processing CME open interest and volume data and feel very well about that finding. Cheers.
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TheBanker x381966011250105
I concur! Reminded me of the Friends episode lol... Glad we have the same view, looks good so far!
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Hopefully, after 1.104-1.105, we're turning around to play with lower buy-limit orders ;-) I would be glad if we can share such market data hints for processing. In addition, I have some automated math models over here (for now they are programmed on ms excel), but they could be easily turned into some nice soft-ware ;-)
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Agree with wave count! This ABC move is just wave D in a larger triangle, and then we're still going to see final wave E, and then...welcome Parity!
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TheBanker ElWaver
:) thanks mate, open the gates for the party at parity!
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JPariz TheBanker
good job bro
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thanks https://www.zulutrade.com/trader/324847
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The problem with Elliot Wave is that it's a bit like reading tea leaves, or gazing at the entrails of a goat to determine future events. I assume most have been stopped out of this short as we are currently 200+ pips up the creek, but for those hardy souls who trade the long view, any words of encouragement here?
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