Market is USD LONG. After this small correction - perhaps it will be a little bit lower - we will target 111.50 in the 2 coming weeks.
Short today target 1.23-1.2280 and then up to 1.2650-1.2750 before big turn down
We are now in the big wave C - target 330 -. Wave 3 of 1 started this night - target 155-156. Trend is clear. Time to enter on this levels. It is an analysis and not an advice. Thanks to notice it.
DEVELOPMENT OF WAVE II continue slowly. Strong buy on 1.0450-1.0470 Wave III for next week/
Wave 4 ended on fibo 76.5%. Now wave c of II. For those who want to short it is possible to gain 100 pips. But it s counter trend so be carefull.
Finishing c of big wave II. All is in the chart Always long on 1.0450.
This friday we have seen acceleration of wave c of B correction.Target is 130-130.50. Possible to enter short on Monday. But it's possible that we have retracement because we are in wave 3 of c of B. Target of wave 3 is 1.133.50-1.3460
As preview wave 4 ended friday with a strong reject on fibo 50 %. Two possible case now : 1. Wave five ending monday on 1.0150-1.0470 . Then strong buy in wave III 2. Wave five is already in and then wave III is already begun. So we will observe monday how eurusd react on 1.0494. New video on monday and nice week end.
Finishing wave 4 - level 1.0610 - and reaching wave 5 on 1.0450 for a strong buy in wave III
Waiting end of wave 2 for ...a nice 3. For today
After ABCDE development - bullish sequence has to take place in a C wave. But the begenning is a little bit choppy..Let see//
Bottom in place 1.0493. It is the stop loss level. All is in the chart. 1.340 is very important : long term bottom.
End of wave II on 1.0450. Buy there with stoplos 1.0330 and target 1.1050...in a few weeks.
Wave 4 has reached the 50 % fibo level this friday in an ABCDE development. Uptrend still valid. If price fall under 1.1156 then be cautious. But I believe that next week will see higher prices targeting 1.1400-1.15000
Don't know if wave count is ok but it's this one I follow for the moment. It s possible that eurusd will accelerate the pace. Then 1.22 is a nice target. No more words : explanation is in the picture.
Finally it happens before the week end thanks to US STATS : Wave 5 of C of 4 Situation is clear for monday : UP Two resistance to check : 1.15 and 1.17. After open target for 1.20-1.22. Nice weekend to you all