EURUSD EW analysys, WXY wave IV a convincing and valid count.
EURUSD has had a big rally from lows. Beginning with an abc it was corrective from the start, implying wave IV and an unresolved wave V. a clear termination of a 3-3-5 correction failed to produce a five wave structure, instead producing the X of what is so far a complex double zigzag. Set to top characteristically in the larger wave iv decline this thrust from a terminal triangle wave b should produce a quality short opportunity no matter what the larger count. However, this larger count supports holding a short to near parity before bottoming.
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