Brown downward wave is in process. Currently, the price is froming 1.1-2.1 line which is corrective. In a whole, we must not to trade this brown wave as it opposed to an older one (green upward TW). Ignor. The next is Daily chart and rising red TW. It's not available to trade as it's in reverse to older brown TW. Ignor. Chart H4. Downward blue TW is not...
Grey marker 1.1 is done, so a downshifting flat is expected before we start to buy again next week.
A flat bitween DMR-2 and DMR-4 for coming days. Out of market in EURUSD, yet.
Long posotions are closed within grey DMR-3. Wait grey 2.1 marker set up befor buy again. Have a nice weekend.
We're about grey 1.1 marker price range. A right downward slow shifting is expected for a couple of trading days. Neutral position.
DMR-4 (Decision Making price Range) might be the end of rising green TW. 1.1550 is an intermediate target.
Price goes in line with scenario. If you follow me you'are already with deals in right direction. Wait, see and shift only SL further.
Highly likely to turn upward in line with growing grey TW. To prove it price needs to rise above green 2.1 marker, i.e 1.1502
Each new low might be a zero-point of rising grey TW. First orders are buy stop 1.1482 SL 1.1430 buy stop 1.1505 SL 1.1430.
Low blue wave marker is expected to set up. No sells, getting ready to buy. A new low is still possible as well as an actual turn up. Both versions are possible up to 1.1550.
Well, declining grey triangular wave (TW) is in process. New low is still possible. Nevertheless, it's reasonable to expect return up toward 1.1700-1.1750 as depicted below. I'll try some buys from tomorrow.
A rise toward grey DMR-3 is expected. Tagets are close. It's better to wait short setup after blue 2.1 is formed.
Weekly. Waiting for 2.2 marker. Out of trading. Daily. Rising red triangle wave (TW) is forbidden to trade. Skip it. H4. Falling blue triangle wave (TW) is forbidden to trade. Skip it. H2. Rising grey triangle wave (TW) is forbidden to trade. Skip growing phase to sell falling one. M30. Variety of waves marking. I'd prefer to clear out the situation...
1.1600 might be the final target befor further drop.
Though, one more minimum below 1.1460 is still possible it's better to get ready for long deals to 1.1600 and, then, 1.1700-1.1750
While grey 2.2 marker stay unbroken it's reasonable to expect at least one more minimum below 1.1460.
Grey triangle wave (TW) is still in progress. One more downshift is expected befor blue marker 1.1 is detected.
Price is expected to swing up and down a couple of times befor decisive declining further.