aerocom21

Eur$ in a complex double or triple down

FX:EURUSD   Euro / U.S. Dollar
39 0 0
This count reflects revised thinking in the EUR$ pair. The initial move is likely a 3 wave irregular with a B wave high. B wave highs commonly mark the extreme top and reversal.

In this count when measured from the orthodox top, waves (A) and (C) are equal. Wave A following is a 5 wave move followed by a move down expected to be wave C. In this scenario there will be two equal waves at about 1.2541. In my view, this will likely complete wave A of a larger C wave that will likely be a double zig-zag and see price move into the 1.22 to 1.23 area.

Since wave C is near complete, look to short a bounce and reversal in the 1.28 to 1.29 area.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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