GBP-JPY H4
2
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DislikedEURUSD Daily Since Mar 2015 low this pair has been developing a multi-months 3-3-5 A-B-C expanding flat correction (4). As the 1st wave down from May 2016 top & subsequent waves are zigzags, an ending diagonal (a family of zigzags) wave c is forming. Now advancing on 4th wave 4 of ED towards at least 1.1200. {image}Ignored
Dislikedskyhok, thanks for the EURUSD update. Based on the Dollar Index count (2nd chart in post #8487), the low of W.III (end of 2016) for the EURUSD is one level higher. Thats why i expect that wave IV will last one year which is indicated by the Long Term Delta turning points (black). Probably it will be a (normal) Flat correction ... ? SixerIgnored
Dislikedaalperbk, the indices developing a flat correction, wave "c" started last week - why do you assume a further correction for Gold in wave "2"? It is finished already. Sixer {image}Ignored