Zooming out the chart a big wave C has been completed @ monthly since last april.
With this perspective, the daily chart the A leg (in orange) could be a first wave. The flat (abc in blue) is a second wave and the third wave is being developed.
Weekly, it is somewhat possible we are seeing a forth wave now. If price refuses to go beyond the $1,186 EURUSD may be ready for a the 5th wave towards parity.
With this perspective, the daily chart the A leg (in orange) could be a first wave. The flat (abc in blue) is a second wave and the third wave is being developed.
Weekly, it is somewhat possible we are seeing a forth wave now. If price refuses to go beyond the $1,186 EURUSD may be ready for a the 5th wave towards parity.