I see several patterns but only one could be already finished, Bleu one, DZZ and even this one could turn into bigger ED, Pink Edition which should unfold on weekly TF. Looking at US oil and Gold I would expect more downside also on eurusd, how, directly or with curves it is too early to say..
I think this could be it... I read this whole strocture from 1,1713 top as A - wx&ab/y so we should get motive wave c, last leg up of y and toppinf B..
Beacuse of nature and structure of this move down, it could also be 1ED of wave C of Flat on weekly TF so it should stop below last HH @1,14938..
Slow as Snail...so far I did not change my picture, either ED or DZZ to downside but exceding 1,1351 peak could mean we are in WXY (Flat) correction, because I really do not expect PA into new HH..
waiting 4 Long..
So far i see 2 possibilities:
- ED ac cF for Bf on bigger scale and
- DZZ as bF of y(and/or Flat)
Trget zones are impossible to predict but for 1st option minimum 1,1272, for 2nd 1,1299..
ATM my bias is short, and i expect ED.......
Sane problem as yestreday, a line which separates Bulls and Bears..
These are my potential developments of PA following my Perception :
1. ED to upside
2. ED to downside
3. Flat as BFlat (here might be tricky and make DZZ!!!!)
4. Black scenaro: Forget Counting
We are in zone of YouNameIT, here is 61,8% from top, ABCD in daily structure to upside, 161,8 expansion of Flat as I see.... but this, if 5th is awful short.. normal 1st taget is at 1,545.. so I expect to proceed in that region but euro does not want to be strong, so maybe we get retrace to 50% of all move up and ...
Was too quick regarding last leg up.. Drawn ED was not comverging and this impulse was on my mind before that ED but was sloppy.. I know looks strange ugly wave but..no swinhs.. Now all important level in 1st row are hit--
Now,, when it is in final phase, bow it looks to me best as Flat and target of primary points is pierced, tzarget of last wave is a nit higher..what to expect tomorrow, USA data...there at 113% we could expect Shark if data would be supportive and the retrace minimum to 50% or even into missing weekly swing.. or up ...
I find the structure ZZF.. can not claim it done so I am prepared to one more push, maybe for a tick or few pips higher, this is my expectations.. I went through my readings and I find most probable structure to unfold as Flat into X of DZZ at 1,1294 peak.
Nothing changed a lot in this couple of hours.. decision is ahead: Make It or Break It..
Blue Edition is Bearish Optimistic, not impossible that we bottomesd already but London could surprise again with some moves so better be prepared.
Break to upside could be very lucrative, especially if 1,14109 peak would be ...
Make It or Break It..
I think we are in final stage.. how? I do not know so here is what I expect.
We might already finished this correction with peak above B, who knows, but I am ready for more worming..
Brealk is not excluded because 5th on previous post is veryvery short..