EURUSD

In the daily time frame, it is assumed that the declining wave A has ended at the senior level and the fifth wave (5) has been created in А as part of it. In the period of 4 hours, the rising wave B starts to form and the first wave with the opposite direction (countertrend) is created at the junior level, i.e. 1 in (A) in B as part of it. On the 1-hour time frame, wave iii at 1 is growing, and the internal corrective move (iv) at iii has ended as part of that. Wave (v) in iii is currently growing. If the proposed assumptions are correct, the pair index will continue its upward movement towards the levels of 1.0745 to 1.0618. In this scenario, the level of 1.0288 is very important, and its failure will allow the pair to continue its downward movement towards the range of 0.9717 to 0.9928.

BP and E. 5' --- New highs are still possible..... but it won't affect me.

E. H. --- Last moments [or hours...] of this terminal upmove .

BP H. --- Same story with E. . . . .Ending an A-B-C 1-2-3-4-5.

Just perfect. The Market structure is telling us everything we need to know . . . Few times per year. . . .

We are upon such a time.

EURUSD price action on the daily time frame is bullish. It is attempting a retest of the 1.05395 /1.08100 horizontal resistance zone (purple) seen on the weekly time frame. The recent technical pattern and order flow favour further northward move.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

GERMANY 30.....--- The momment arrives that one of the 2 pending orders will be hit.....

E. H. --- We might have seen THE top , today. . . . .

BP 5' --- Note my SL at 1.22 29 . IF hit it means BP and E. is headed for a new high.

I might be wrong . be carefull. . . .

BP 5' --- Altered SL...Lifted to 1.22 50 ...

BP 5' --- Took P.Prfts here at 1.21 98 --- SL as shown 1.22 27

Took P.Prfts here at 1.04 86 --- SL at 1.05 21

JY 5' --- Took P.Prfs on longs here at 137.10 --- SL at 136.66

BP 5' --- Longed here now. SL as shown .

on h4 timeframe eurusd looks like a false rise. seems like downward correction.

on h4 timeframe i suppose falling to level of 1.0393. after that may be correction. or deeper fall.

BP 5' --- SL about to be hit at BE . . .

E. and BP 5' --- Long on both with very tight SL . . .

E. and BP 5' --- All SLs were hit at BE. Now short...

GERMANY 30 --- Finally done...