Waiting for my next appointment....... :-(
But I got my notebook.
Here we go - fresh EW analysis.
I did a critical judgement of the area, that is marked in the chart with two small trendlines.
This area is open for multiple interpretations. All other interpretations would be more bearish than this shown count. And as Binve told me once, that everytime one counts more then two or three 1-2's the likelihood is extreme, that the count is wrong.
The shown count is supported by multi TF-analysis of Awesome Oscillator.
If that count is right, green wave 4 should o up to around 4404 to 4435.
Then wave 5 green should start. Wave green 1 was around 108 pips, wave green 3 was around 130 pips. That would roughly give targets between 4335 and 4300 for green 5 to conclude yellow 3.
Since wave yellow 2 did not retrace much (at the end), maybe wave 4 will. We will see. A good target for a wave 4 is either the wave 4 of one lesser degree or the heart of wave 3. That again would target the area around 4404 to 4435.
In the case that we will go directly lower in the next minutes, likelihood is that wave green 3 extends.
Good luck and a nice weekend,
Markus
But I got my notebook.
Here we go - fresh EW analysis.
I did a critical judgement of the area, that is marked in the chart with two small trendlines.
This area is open for multiple interpretations. All other interpretations would be more bearish than this shown count. And as Binve told me once, that everytime one counts more then two or three 1-2's the likelihood is extreme, that the count is wrong.
The shown count is supported by multi TF-analysis of Awesome Oscillator.
If that count is right, green wave 4 should o up to around 4404 to 4435.
Then wave 5 green should start. Wave green 1 was around 108 pips, wave green 3 was around 130 pips. That would roughly give targets between 4335 and 4300 for green 5 to conclude yellow 3.
Since wave yellow 2 did not retrace much (at the end), maybe wave 4 will. We will see. A good target for a wave 4 is either the wave 4 of one lesser degree or the heart of wave 3. That again would target the area around 4404 to 4435.
In the case that we will go directly lower in the next minutes, likelihood is that wave green 3 extends.
Good luck and a nice weekend,
Markus
Attached Image (click to enlarge)
which is very good for me). 
