Bleck

EURUSD at an Interesting juncture

FX:EURUSD   Euro / Dollar AS
3
My current working assumption is that we are in a very large triangle consolidation since March 2015 ! This week brought the Euro back to about 5 pips from my C green wave !!! This labelling is still valid unless euro breaks above the top of wave A green (1.1714). IF my count is the operating one THEN Euro should start very soon to go down to the 1.08 - 1.10 area !
IF euro breaks above 1.1714 THEN I will be looking for an ending diagonal for wave C green ( overlapping waves in 3's) which could take us in the low, mid 1.20's
Any feedback and comments would be very much appreciated. Best regards
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.