EURUSD - Elliott wave – monitoring motive wave i-v alt abc
prevailing scenario
wave (ii) maybe over in abc subminuette correction
monitor prices evolution in a motive mode
wave iii over 1.2151 (fib 1.618 wave i ext - losing momentum)
wave iv unfolding (expeted sideways - test 1.2114 area)
ALT: continuation of wave (ii)
subminuette correction abc if motive i-v fails
critical price area
previus daily close 1.2145
PP 1.2120
FIB 1.2116 ( iii ret 0.382) – 1.2153 ( (ii) ret 0.786)
static S/R 1.2153 critical R
volatility D 1.2092-1.2182
wave (ii) maybe over in abc subminuette correction
monitor prices evolution in a motive mode
wave iii over 1.2151 (fib 1.618 wave i ext - losing momentum)
wave iv unfolding (expeted sideways - test 1.2114 area)
ALT: continuation of wave (ii)
subminuette correction abc if motive i-v fails
critical price area
previus daily close 1.2145
PP 1.2120
FIB 1.2116 ( iii ret 0.382) – 1.2153 ( (ii) ret 0.786)
static S/R 1.2153 critical R
volatility D 1.2092-1.2182
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