EURUSD WEEKL ELLIOTT WAVE ANALYSIS Chart Pattern Identification
The EURUSD structure is quite difficult in many respects. Prior waves on the monthly and weekly could pass for both corrective and some misleadingly as motive waves. We have correctly distinguished the different aves structures. Particularly the last arm is projected by a number of analysts as motive when it actually fails the test for motive wave. The first three segments are EQUAL in both Price and Time. The Rule is :[ no 3 adjacent waves can be equal !!].
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