francescoforex

URUSD - after ((X)) or 1 - wave v going to start?

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FX:EURUSD   Euro / Dolar A.S.

wave iv ended in ((a))((b))((c)) flat - balanced in time and size
wave v unfolding

violation of 1,2125/30 area and/or time delays in developing
would invalidate the idea

ALT: reconsider the abc hypothesis

Komen:
no motive wave developed in wave 5
last chance for wave IV correction in a combination way wxy - flat-flat-? with invalidation area ar 1.2125 / 30 as before.

ALT: reconsider the abc hypothesis
Komen:
support area 1.2125 / 30 held with difficulty
the slowdawn from 1.2175 area looks motive
wave IV hypothesis is at risk

the alternative abc hypothesis gains credibility

monitor price movements in the fib retracement area 0.382 - 1.2137
Penafian

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