EURUSD Fall - Classic Equality Count in Play | C = A Wave

29 mar

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WaveTalks - Market Whispers!, can you hear them


13th Jan 2024 - B: Wave completed at the tops of 1.11393



Long Term Outlook
From its low at 0.95358, we're seeing a leading diagonal wave signaling a potential long-term uptrend. As previously discussed, big gains might be ahead. Once short term completes & the base is formed as discussed in short term analysis, EURUSD will move into next sequence of wonder to behold waves which is Wave 3. Let us wait & have patience for magic to unfold.

Short Term Outlook
It's building a base, possibly dipping to 1.02-1.04, a 50-61.8% retracement from the 0.95358 low to the 1.12757 high in July 2023.
Wave C = Wave A falls to 1.03118 falls in the projected zone suggesting a stronger possibility for Wave-C ending in the box zone 1.02 to 1.04 as discussed earlier


From
WaveTalks
(Market Whispers!, Can you hear them)
Abhishek