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EURUSD Wave analysis - Do not miss wave 3!
Euro / Dollar AS
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EURUSD Wave analysis - Do not miss wave 3!
Oleh Phils_Ocean
Ikuti
Ikuti
2 Feb 2020
8
2 Feb 2020
EURUSD Medium Term Wave Analysis:
Market finished its bigger correction of wave 2. Wave C travelled to excatly the 61% fibonacci level.
Price made a strong move to the upside and formed a nice weekly bullish pinbar at support
We are now in wave 3 and the first target is 1.135xx.
Wave 3 could happen really fast as it is generally the most impulsive one.
Look for entry on lower timeframe, some kind of consolidation pattern like a flat or wedge before the next breakout to new highs.
Elliott Wave
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