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DislikedEU 5M Chart [2]: If Wave ii and iv are correct, this shouldn't be a very deep correction? Cheers, U2 {image}Ignored
DislikedHi, My view to the EURUSD for the next coming days is the following: 4HOUR MACD view 1) we are in a consolidation area (between sma200 and sma98), price possible can bounce to this ma's 2) price can bounce at sma8 or sma21 3) if price above sma89 we have a support at sma365 4) if price goes below sma200 then we need a new view HEW view Possibly we saw wave a of -b- at 18/3 at 1,10417 and wave b of -b- at 1,06127 Now we saw I think a wave a of wave c of wave -b- If we put this abc in the spreadsheet....it could fit for this scenario {image} {image}...Ignored
DislikedI think on Ians' blog he's suggesting another leg down to 1.0842-60 to complete wave iv before higher.Ignored