Hi all elliot wave traders.. just wan to ask what count now is the Eur/Usd pair heading, the 5th? and where it will head to in the future.. thx in advance..
Hi all elliot wave traders.. just wan to ask what count now is the Eur/Usd pair heading, the 5th? and where it will head to in the future.. thx in advance..
risk appetite? risk aversion...or safe haven???
somebody help??
i see...gold was strong and usd still weak....so safe haven not really yet enguh to face...but then risk appetite very very nice facing up....but usdjpy turn to the other side...huhuh...sty awayy...
Close has been breached. This could turn out to be a reversal. Possible support is the low. If it holds we will see a retracement. If Highest high stays intact then new target is High of the previous swing high i.e. Red line.
The whole scenario is this new down wave is Impulsive and the next wave to be Impulsive turned corrective and so on.
yes, it is wave 4 .....but your wave 5 down is 3 waves forming wave b and then your up is not a 3 wave correction abc but wave C.......wave b ended 1.128 past wave 3
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