lets say this will happen for conversation sake..
After this whole wave 1 (to 1.58) or a leading diagonal is completed we should get a big wave 2 or b all the way back to 1.34 or 1.43 (no typo).
this would be the lowest point ever for EU for a very long time if not forever.
my other count is the contracting triangle scenario where we will top soon for d and go down for a ZZ,Dx,Tx or CT.
These are the only 2 counts i have for EU.
following by old big counts from Vincy..
http://www.forexfactory.com/showpost...postcount=4865
I could take this as reference too.. TQ!
ok.. Guys, dieter, Markus and everyone..
After doing as good as possible, My eyes and analyzed
and discuss with my family members.. in logical of technical
and with enough energy in this pair + all data figures (EURUSD)..
it could be still Bullish
and swing target ..around 1.51x (ok markus)
but i also careful with this:
take a look the price from 1.28x to 1.46x recently,
in NeO pattern is Elongated ZZ 2.618% end of w B
Right? so just in case..
Yes EW pattern is Tricky.. I know
But honestly, i cannot trade without this!
so, back to swing target to 1.51x, I would say and valid
that I consider,,,,
we are now in triple corrective combination W,X,Y,Xx,Z
so Dieter, since Vincy said A,B=C.. instead of w 1,2
good to take action as corrective too.. OK
And this, is my shorterm,
if good timing i would open my short for Intraday
Then, What about you?
ps: doing analyzing the chart is more tired than exercise lol
I have asked EWI for their opinion and am looking forward to read their reply. I will cite the answer here.
, actually Id been try this EWI before, But i got a reason not to use it
