EURUSD - Trends, Forecasts and Implications (Part 2) - page 1805

 

Hello all!

On the chart, in the black frame, a figure, Called 1st extended, 2-3 single waves. If it is it, and I am not mistaken, then correction to 1.3468 (86.6% Fibo) is waiting for us. IMHO of course.

 
voinG:
here's what i was thinking, if in wave i triple, then it's DT and then now a correction, at least off ii, or even deeper into another ZZ

The triples are correctional patterns and can't be in a valid wave. It is a wedge or triple zig-zag pattern. If it's a wedge, it's bullish, if it's a triple zig-zag, it's bearish. We'll soon find out... )))) The control points are the main thing. What, price will pick and so will we....)))
 
voinG:

maybe like this, install MT5, it has TFs that MT4 doesn't have


mt4 has all the TFs just not everyone knows how to call them http://forexanalytics.org/forum/42-289-1
 

I don't think yesterday's movement in Asia can be interpreted in terms of TA. If there was no earthquake, the picture would have been close to this one:


 
margaret:


Thanks for the congratulations)
 
sanura5555:
mt4 has all the TFs just not everyone knows how to call them http://forexanalytics.org/forum/42-289-1
thanks, but in what post does it say about TF? i didn't notice something
 
Zet:

Triplets are correctional patterns and cannot be in a valid wave. It is a wedge or triple zig-zag pattern. If it's a wedge, it's bullish. If it's a triple zig-zag, it's bearish. We'll soon find out... )))) Control points are the main thing. What, price will pick and so will we....)))
either way it turns out to be a correction, only question is the depth?
 

On the Euro and American, a southward move to call 63 at 1.3683 is possible, if we break that level, then put 133 at 1.3669, put 30 at

at 1.3650, down to Call 40 at 1.3546.

On the H1 RSI is overbought. We are seeing a divergence.

 
voinG:
Thank you, but in which post does it say TF? I didn't notice anything.
https://www.mql5.com/ru/code/7935 it's also about substandard.
 

I think so:

it's a lot of chiseling upwards:)))