Maybe it is just waiting for a trigger, if it is correct.
I am hearing talk about a spectacular drop by the € vs the ¥ in the near future. Could this be what they are talking about? just.. that I'm wondering if the ABCDE correction is not too deep...
€/ZAR 5 WAVE ELLIOT WAVE WITH ABCDE CORRECTION IN THE WORKS?
Is the ABC correction transforming into a ABCDE correction?
My very first attempt at drawing a Harmonic Bullish Bat pattern on the €/NZD 4hrly chart. Do you think it is a valid pattern?
Spotted this on the weekly chart, and broke it down to the 4 hrly. What do you think? A potential rocket? If it gets past the presumed E spot, get your pending orders ready. 5 motive waves, followed by ABCDE diagonal correction...
Elliot wave cycle complete with ABC correction, and breaching of resistance line.