moesalama

EURUSD- PART2 DAILY

FX:EURUSD   Euro / U.S. Dollar
37 1 1
the eurusd             is currently trading in wave 2,

till date, I assume that I got 12 more month for the structure to complete, and wave 1 have made 1500 pips movement in 5 month which makes me wonder how will the other movements be affected.

if wave 1 took 5 month to complete, then I should assume that wave 2 will take a minimum of 5 month to complete, if so my wave 2 which started in October 2014 will finish @ around 05-08 march 2015 which will give 9 more month for waves 3 4 and 5 to complete.

again, wave 2 might not take as much time as wave 1 since the internal corrections themselves in wave 1 is relatively small compared to the huge movement.

which gets me to the second scenario, which assuming that wave 2 will take less than 5 month to complete, and then wave 4 will have a very time- complex structure.

for me, I will go with the second scenario, and analyze wave 2 as if it will take less time than wave 1
I like the idea that there is some serious downside for the euro after this correction. A wave 3 down off the e end of the triangle should be a wonder to behold
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out