EURUSD, Elliot Wave Count
Updated
After publishing a previous article on another pop higher. After grinding sideways for the past few weeks. It seemed that this complex correction of wave 2 of 5 is ending as a flat correction (3-3-5). We can count a 5 wave move down to the 1.226 handle.
As such, I am expecting wave 3 of 5 to begin soon, which will probably take us to levels near 1.26
As such, I am expecting wave 3 of 5 to begin soon, which will probably take us to levels near 1.26
Comment
Looks pretty spot on. Price action has been rising in an impulsive fashion. Looking for breakouts above 1.255
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