Hi All,
I think the end is near for this pair as USD rallied despite the massively low employment figures. I seems like the remaining USD buyers are closing their orders which has creating an even bigger divergency across the board so a rally from EUR should happen imminently.
Here's a quick recap of my wave count of the final wave C which looks complete.
Starting from the low at 1.03411
Wave 1: Leading Diagonal impulse move to the upside.
Wave 2: Looking like an running wave A) double ZZ combo (WXY), wave B) Expanded Flat
Current wave C) I have counted the primary and sub waves as labelled with wave 4 fib extensions, wave 2 (ZZ) and wave 4 (Flat) - rule of alternation all met and wave 5 is an ending diagonal which is a terminal move so a change of direction is expected.
Hopefully we will see a big rally by EUR next week as it is the start of wave 3 in a bigger timeframe.
Best of luck all...
Don
I think the end is near for this pair as USD rallied despite the massively low employment figures. I seems like the remaining USD buyers are closing their orders which has creating an even bigger divergency across the board so a rally from EUR should happen imminently.
Here's a quick recap of my wave count of the final wave C which looks complete.
Starting from the low at 1.03411
Wave 1: Leading Diagonal impulse move to the upside.
Wave 2: Looking like an running wave A) double ZZ combo (WXY), wave B) Expanded Flat
Current wave C) I have counted the primary and sub waves as labelled with wave 4 fib extensions, wave 2 (ZZ) and wave 4 (Flat) - rule of alternation all met and wave 5 is an ending diagonal which is a terminal move so a change of direction is expected.
Hopefully we will see a big rally by EUR next week as it is the start of wave 3 in a bigger timeframe.
Best of luck all...
Don
Not
Hi All,Looking at the fall since last week's NFP and looks like the ending diagonal count I had is right.
I've now seen a wave 1 and 2 at a 5 minute timeframe so now looking for a wave 3 extension as marked.
Watch this pair carefully this week as it could make some big moves to the upside.
Not
GO LONG LONG LONG!youtube.com/watch?v=HkAUrka9bJY
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.