Euro / U.S. DollarUpdated EURUSD H4: A possible Zigzag Correction
In my opinion it seems less likely to be an impulsive wave, as wave 4 seems to have crossed the priceline of Wave 1. Hence, I am of the opinion that it is a Zigzag correction (continuation of the correction process).
Let me know if you have other thoughts..
Let me know if you have other thoughts..
Note
It more likely appears to be harmonic pattern AB=CD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.