📌EURUSD: Long Term Waves
●● Preferred count
● Euro / U.S. Dollar (IDC),🕐 TF: 1M
Fig.1
The formation of sub-wave c within the triangle (x) continues. The invalidation level of the wave counting is the top of sub-wave a, level 0.82320. Breakdown of this mark will open the prospect for the transformation of the supercycle wave (x) into an expanded flat.
_______________________________________
● Euro / U.S. Dollar (FXCM),🕐 TF: 1W
Fig.2
The 2017 low was passed, which served to revise the counting of the structure of wave c. The idea of counting the wave c a double zigzag Ⓦ-Ⓧ-Ⓨ is still valid, but in a different configuration: the 2008-2017 structure is recognized as a single zigzag Ⓦ, a series of zigzags from 2017 to the present as part of an emerging triangle Ⓧ.
_______________________________________
● Euro / U.S. Dollar (FXCM),🕐 TF: 1D
Fig.3
It is expected that in the near future wave Y as part of (B) of Ⓧ will be completed, then growth within the zigzag (C) with targets in the range of 1.10-1.14 will follow.
_______________________________________
● Euro / U.S. Dollar (FXCM),🕐 TF: 6h
Fig.4
Sideways correction is expected to develop within wave (iv).
_______________________________________
_______________________________________
●● Alternative count
● Euro / U.S. Dollar (FXCM),🕐 TF: 1W
Fig.5
In the context of an alternative count, I propose to return to the counting of the structure formed in the period 2008-2014 in the form of a contracting triangle, taking it as wave Ⓑ as part of the zigzag c of (x). The subsequent series of zigzags is proposed to be interpreted as waves (1), (2), (3) as part of the ending diagonal Ⓒ being formed.
The wave counting within a weekly interval is aligned with the main scenario - it is conducive to an early resumption of growth.
___________
Disclaimer:
— The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
● Euro / U.S. Dollar (IDC),🕐 TF: 1M
Fig.1
The formation of sub-wave c within the triangle (x) continues. The invalidation level of the wave counting is the top of sub-wave a, level 0.82320. Breakdown of this mark will open the prospect for the transformation of the supercycle wave (x) into an expanded flat.
_______________________________________
● Euro / U.S. Dollar (FXCM),🕐 TF: 1W
Fig.2
The 2017 low was passed, which served to revise the counting of the structure of wave c. The idea of counting the wave c a double zigzag Ⓦ-Ⓧ-Ⓨ is still valid, but in a different configuration: the 2008-2017 structure is recognized as a single zigzag Ⓦ, a series of zigzags from 2017 to the present as part of an emerging triangle Ⓧ.
_______________________________________
● Euro / U.S. Dollar (FXCM),🕐 TF: 1D
Fig.3
It is expected that in the near future wave Y as part of (B) of Ⓧ will be completed, then growth within the zigzag (C) with targets in the range of 1.10-1.14 will follow.
_______________________________________
● Euro / U.S. Dollar (FXCM),🕐 TF: 6h
Fig.4
Sideways correction is expected to develop within wave (iv).
_______________________________________
_______________________________________
●● Alternative count
● Euro / U.S. Dollar (FXCM),🕐 TF: 1W
Fig.5
In the context of an alternative count, I propose to return to the counting of the structure formed in the period 2008-2014 in the form of a contracting triangle, taking it as wave Ⓑ as part of the zigzag c of (x). The subsequent series of zigzags is proposed to be interpreted as waves (1), (2), (3) as part of the ending diagonal Ⓒ being formed.
The wave counting within a weekly interval is aligned with the main scenario - it is conducive to an early resumption of growth.
___________
Disclaimer:
— The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
🆓 Больше аналитики в Telegram: t.me/freetradelife
📚 Методичка (Ellliott Wave Guide): t.me/elliottwaveprincipal
📚 Библиотека (Ellott Wave Archive): t.me/biblioewa
💎 Premium: t.me/freetradelife_premium
📚 Методичка (Ellliott Wave Guide): t.me/elliottwaveprincipal
📚 Библиотека (Ellott Wave Archive): t.me/biblioewa
💎 Premium: t.me/freetradelife_premium
Disclaimer
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.