Euro / DollaroShort
EURUSD | The safest place to sell🎯
Hello traders , EURUSD in daily timeframe ,The wave count that we had in the weekly time of this symbol showed that wave c has ended from wave 4 and this decline is related to wave 5.
Our counting wave is not normal at all and can be fielded at any time, and this wave is also part of wave 4 of the previous leading trend.
Anyway, we assume that we are in a process of progress, and from this process, the main waves 1 and 2 have ended, and the microwave, wave 3, is being formed.
From wave 3, waves 1 and 2 are probably over, and now we are inside wave 3 of wave 3.
The trend of this wave has formed its 4th wave beyond our expectations and has created a phase change scenario for us to such an extent that this 4 wave, according to other analysts and Elliott works, is the main and small wave 1 and 2. Wave 1 is the main wave 3 ... but since our field points are not broken, we preferred to stick to our wave count and consider the descent for wave 5 and publish this scenario for you.
But to ensure the break of the bottom of the blue channel or the red dot completely for this descent, the target is around 1.1100.
In general, if the red circle is broken, we will hope to continue the downward trend. If the channel ceiling is broken, this wave count will be fielded.
Our counting wave is not normal at all and can be fielded at any time, and this wave is also part of wave 4 of the previous leading trend.
Anyway, we assume that we are in a process of progress, and from this process, the main waves 1 and 2 have ended, and the microwave, wave 3, is being formed.
From wave 3, waves 1 and 2 are probably over, and now we are inside wave 3 of wave 3.
The trend of this wave has formed its 4th wave beyond our expectations and has created a phase change scenario for us to such an extent that this 4 wave, according to other analysts and Elliott works, is the main and small wave 1 and 2. Wave 1 is the main wave 3 ... but since our field points are not broken, we preferred to stick to our wave count and consider the descent for wave 5 and publish this scenario for you.
But to ensure the break of the bottom of the blue channel or the red dot completely for this descent, the target is around 1.1100.
In general, if the red circle is broken, we will hope to continue the downward trend. If the channel ceiling is broken, this wave count will be fielded.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.