Euro / U.S. Dollar

EURUSD - Elliott wave – minuette wave (ii) unfolding

By francescoforex

Updated

Uptrend - minuette wave (ii) of minute ((iii)) unfolding in 3 waves – zigzag
subminuette b of (ii)

ALT: ((a))((b))((c)) correction is over – motive wave down may unfold

critical price area

previus daily close 1.2190
PP 1.2180
static S/R 1.2159S
FIB: 1.2238 - b of (ii)

Note

zigzag subminuette wave b of (ii) close to be over.
If confirmed wave (c) should follow in 5 waves.

Note

zigzag subminuette wave b of (ii) is over.
wave (c) unfolding in 5 waves.

Note

monitoring wave (c) evolution
possible target 1.2040/50

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