EURUSD - Trends, Forecasts and Implications (Part 3) - page 489

 

For reflection...

М30

Н1

Н4


 
Noterday:

For reflection...

Quick question, wave (A) is marked as a double zigzag and wave (C) as an impulse in wave y of (X) on H4 - should it be?
 
rensbit:
Quick question, wave (A) is marked as a double zigzag and wave (C) as an impulse in wave y of (X) on H4 - should it be?
Fuck knows how it should.... But in my wave (A) I didn't see any impulse waves... Only triplets, hence the marking as W-X-Y
 
Now going back to 4100, from there I think we can sell with a target of 4000
 
Noterday:
Fuck knows how it's supposed to.... But in my wave (A) I didn't see any impulse waves... Only triplets, hence the tagging as W-X-Y
I mean that wave (A) is a zigzag, wave (C) is an impulse and it's all zigzag y. But I haven't encountered zigzags with the 3-3-5 formula either in the literature or on the chart.
 
The literature is full of them. And it says that if there are 3 sub-waves inside the A wave, we should expect either an irregular or a flat. In our case, or maybe only in my case, it is a complex zigzag design. The models have already been modernised by time since the writing of wave theory IMHO
 
Noterday:
The literature is full of them. And it says that if there are 3 sub-waves inside the A wave, one should wait for either an irregular or a flat. In our case, or maybe only in mine, it is a complex zigzag structure. The models have already been modernised by time since the writing of wave theory IMHO

Try a diagonal triangle from 3428. (but you don't have to update 1.4020 for that).

P.S. On H1 {2}-y {4-} you have a different wave level.

 
Noterday:
We'll go back to 4100, from there I think we can sell with a target of 4000

At this rate, we'll reach 1.41 by tomorrow morning.

 
Sell on the hourly chart below 1.4015 with a stop above 1.4090 and targets at 1.40, 1.3985, further to 1.3940.
Buy above 1.4150 with a stop below 1.4080 and targets at 1.4190, 1.4215, further to 1.4250
 
Fartowiy:
Sell on the hourly chart below 1.4015 with a stop above 1.4090 and targets at 1.40, 1.3985, further to 1.3940.
Buy above 1.4150 with a stop below 1.4080 and targets at 1.4190, 1.4215, further to 1.4250

is this a "wangi" forecast or a coffee gush?