EURUSD - Wave Analysis - Let's put this into perspective.
See related ideas below to see how we got here.
So compared to the (A) of this Zig Zag the (C) is behaving like an obese lethargic dog climbing up the staircase.
Trend Analysis: Blue Wave 1 was a leading diagonal because this (C) wave just doesn't have the same strength Wave (A) did, notice how Wave (A) was sharp and direct.
This is great evidence that this is not a Wave 3 however we will look for more evidence at the top. So far this still looks like a zig zag so we are working with it.
When the zig zag completes this does not mean short immediately but if you do then do not expect this to go down in a straight line.
In order to keep that trade on and keep your cool I have put the waves you can expect to make you sweat when you get there.
Learn your ABCDE's and you will start to grasp what goes on in these corrections every single time without fail.
I will post an update when we get near the target area of 1.12752
Please LIKE and FOLLOW to get notification of updates and future posts.
So compared to the (A) of this Zig Zag the (C) is behaving like an obese lethargic dog climbing up the staircase.
Trend Analysis: Blue Wave 1 was a leading diagonal because this (C) wave just doesn't have the same strength Wave (A) did, notice how Wave (A) was sharp and direct.
This is great evidence that this is not a Wave 3 however we will look for more evidence at the top. So far this still looks like a zig zag so we are working with it.
When the zig zag completes this does not mean short immediately but if you do then do not expect this to go down in a straight line.
In order to keep that trade on and keep your cool I have put the waves you can expect to make you sweat when you get there.
Learn your ABCDE's and you will start to grasp what goes on in these corrections every single time without fail.
I will post an update when we get near the target area of 1.12752
Please LIKE and FOLLOW to get notification of updates and future posts.
