That is my view on EUR/USD ... Note that Price could form As A-B-C too... But this is my primary count on this pair... looking for 5 wave to form Wave C and complete this degree
Good Luck
Komen:
Now that we have wave (i) and (ii) of the impulsive wave 3 the we should look for the 3rd wave which is usually sharpest move in the sequence... based on Dollar index condition it's very likely for EUR/USD to print that move .
my target for wave (iii) is around the top of the channel @1.1528.
If price manage to go beyond 1.1266 you need to be very cautious of this set up and if price goes beyond 1.1216 this set up would be Invalid.
Good Luck
Penafian
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my target for wave (iii) is around the top of the channel @1.1528.
If price manage to go beyond 1.1266 you need to be very cautious of this set up and if price goes beyond 1.1216 this set up would be Invalid.
Good Luck