FX.co ★ mdouglas | Wave Wisdom: Mastering the Art of Wave Marking in Forex!

For the pair EUR/USD, it's still not clear what's going on. We either have an entry into the first wave of the third in (3) in (c) in (2) in (C), or we will continue the correction in this second wave. If the pair is able to update the maximum, then I expect a continuation of the uptrend in the correction of the second wave in (3) in (c) in (2) in (C). If the maximum cannot be updated and we start a decline, then I expect a decrease in the third wave of the first in (3) in (3) in (c) in (2) in (C). Until there is an update of the minimum or maximum, it could be any of the options proposed so far. I also do not exclude the possibility that we have a triple down and this could be a complete correction if the minimum cannot be updated. If we continue the rise in a way that the second wave exceeds the higher second, then the south is canceled and I will look north again, especially since my medium-term signal still points north, based on a different type of analysis.