DislikedGuys, has Wave-C ended on the EUR/USD pair?
It looks to me like it's still completing Wave 4, and is, therefore due for another wave up ?
Am I wrong?
Thanks!Ignored
With the past 2 week rally still in 3 waves, it could be either:
- A-B-C as part of intermediate w.4 of large w.C (or)
- 1-2-3 as part of large w.5
I got out at 1.4800 with 670pips to see what direction the market would take. I lean toward we are in a 4, looking for 5 to break higher soon/tonight? Reason, all the impulses waves up, not all zig-zags?
But I'll wait for the market to lead.
Personally, I am looking at support to hold at 1.4570 if it gets that low, or a break above 1.4750 range.