hussain9

EURUSD Daily

hussain9 Uppdaterad   
FX_IDC:EURUSD   Euro / USA-dollar
23
I was looking to the EURUSD correction as Tringle but when applyingthe rules I found it cant be .
as I am having a combination of a doublezz .
I made this alternaiv count as an EXTENDED FLAT and we might go up for C waveand we might go up for C wave
Price action will confirm or invalidate
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FOR CORRECTION AS WAVE C CAN NOT BE 3 WAVES : WE STILL IN IMPULSIVE WAVE C UP :
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4 hours :
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I prefere this for wave ! :
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expecting a strong move up targeting the yellow area for 3 rd wave
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Expect more rally up
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we got this strong move .
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FINISHED 5 WAVES IN 1 HOUR INTERVAL , SHORT PROFIT TAKING AND CORRECTION DOWN IS EXPECTED , THEN UP :
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1 hour interval . After finishing this leg down in Ending diagonal as shown in chart we expected to go up again in a stronger wave .
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we must go down to the yellow area :
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we must go to yellow area :
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30 minutes alterbative count , Double ZZ , in both counts we must go down to yellow area
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trading above B is invalidation :
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1 hour interval , i think we are about to finish a 3rd wave up :
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4 h
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1 hour :
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daily : extended 3rd wave
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extended 3rd wave
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short bearish in c wave
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still in extended 3rd wave up as we are trading above MA50 , this strong wave must relax in wave 4 before going in 5th wave .
In general The target of this extended Flat is the yellow area :
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wave 4 finished , wave 5 is going on :
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