FX.co ★ mdouglas | Wave Wisdom: Mastering the Art of Wave Marking in Forex!
Wave Wisdom: Mastering the Art of Wave Marking in Forex!
For EUR/USD, the rise can still continue a bit more in this fourth of the third of three of (C). If they manage to make another higher high, then the rise will continue in (c) of (4) of the third of three of (C). If they stop updating the high, then the fourth can be considered complete and next I expect a move down with a lower low into the fifth of the third of three of (C), after which a reversal into a correction of wave (4) of (3) of (C). I think we’ll start the fourth of the third of (C) tomorrow or the day after tomorrow, and by Friday they might manage to push it to completion and then reverse into the fifth of (3) of (C), to the south.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade