Here is my HEW update for the EURUSD.
Wellwell... again my bullish view is blown away...
I was expecting a move towards 1,1556.... but in the upmove it stuck at 1,1497. I first thought...oke...now the wave b must come. But the wave continue below the last wave-x...so what is next ...?! Do we finally saw our yellow wave-b at 1,1497...?!
Well then again I have to turn my view to the bearish side!!
So again I expecting a move to the yellow wave-c/iii around 1,0845 - 1,0724.
I expect the current red wave-i around 1,1303-1,1283
But I have to say this move is so quick that I'm not sure if I did find the correct waves at the moment!
I also do not trust my wave-structure from 9nov (@1,1216) until now. I find it really complex....Anyway I have a feel that from 14 dec (@1,1270) I picked up the count again in this upmove. If that is indeed correct then all the chaos before is not important anymore for getting on track again.
So for now I'm just watching the development and hope I'm on the right track again!
Wellwell... again my bullish view is blown away...
I was expecting a move towards 1,1556.... but in the upmove it stuck at 1,1497. I first thought...oke...now the wave b must come. But the wave continue below the last wave-x...so what is next ...?! Do we finally saw our yellow wave-b at 1,1497...?!
Well then again I have to turn my view to the bearish side!!
So again I expecting a move to the yellow wave-c/iii around 1,0845 - 1,0724.
I expect the current red wave-i around 1,1303-1,1283
But I have to say this move is so quick that I'm not sure if I did find the correct waves at the moment!
I also do not trust my wave-structure from 9nov (@1,1216) until now. I find it really complex....Anyway I have a feel that from 14 dec (@1,1270) I picked up the count again in this upmove. If that is indeed correct then all the chaos before is not important anymore for getting on track again.
So for now I'm just watching the development and hope I'm on the right track again!
You can manage risk, but you can't manage the return