Cannot confirm the count as now it become a possible abc, price can still spike up strongly so will hold on to the long and tighten stop close to break even
this is a bit tricky, can see 5 waves down but also could be a wxy correction either way, price should move up(3 waves at least) first before deciding which direction it want to take Good luck
The low could be in and a big wxy completed. 5 waves up detected, should see retracement towards 50% region before more upside Good luck
A short term trade probability, waiting for it to get trigger
GU could follow EU and complete 5 waves down for retracement before a deeper meltdown Good luck
Short term trade possibility, looking to short it
5 waves down can be seen, should see more melt down after correction Good luck
Another minor leg up will complete 5 waves up for more rise after retracement
still unable to rule out another move higher as price still have not show clear waves formation if price extend down, will look to reenter short, else will wait for new high to short it again
Price did not extend and hence cannot rule out the 5 wave is done for short term The entire move up can be an abc or still unfolding and waiting for further extension Until we see further extension higher, there is probability a new low may occur Had closed all longs(usd shorts) and waiting for clearer waves
lower time frame suggest a big move coming for usd if this is the case, those who still foresee big usd rises will be in a shock as it could be a very strong move down in type wave 3 or C move even if that is not the case, the move up is limited good luck
What a long sideways correction, sooner or later, price should spike up and take out those bears Good luck
The big picture is still bearish, not sure why lots of wavers are so bullish on the usd Anyway, when usd start to continue the move down, it will not be nice for the usd bulls, it will be terrifying Will find out in a month or two. Good luck.
I DO NOT want to count this so super bullish(i am conservative) but the waves keep on pulling back towards the 50 % level, which is the usual characteristic of wave two Anyway, if it is indeed so bullish, price will keep on spiking up strongly the next few sessions/days Good luck
Bigger trend suggest a bigger move down as long price stay below the support line Good luck
Not cast in stone, just a probability. Price need to stay above the line to be positive. Good luck.
Bulls need to push price above resistant to take out the bears and continue the waves for the bigger trend
If this count is the main trend, price should within a day or two spike up strongly Good luck to all bulls