Hello,
It looks like we've completed wave 1, and we're looking at the beginning of wave 2.
The low of wave iv of 1 is between 50% and 61.8% retracement. Trading wave C is a real possibility here, and could turn out to have a really decent R:R.
Again, please share thoughts if any. FX:EURUSD
Hi all.
It looks like NZDJPY might have completed wave 4, and we are now completing an expanded flat in wave ii of a new wave to the up side.
We could possibly join wave iii here.
Have a look and share thoughts.
FX:NZDJPY
Hi guys. I'm still mastering wave analysis, so please help me out here.
My analysis:
GBPUSD is still in the middle of wave c of wave 2.
Wave c is currently in wave iv.
Wave v of c could very possibly have its own 5 waves.
The 50% retracement of wave 1 is just below the low of wave iv of 1. This, and 61.8%, is a common retracement level for wave 2.
Entry...
