The last flight to 1.30600 before first fall of a great rise!

As above pic, wave C might be of An Impulse

Right now, I am predicting a rise leading to 1.30500/600 area making it last or 5th wave of a diagonal wedge making it 1st complete wave in a nested impulse.

Eur/usd aims 1.30600 at least before I can see a major fall but not much

Lets see.

Ray

Wave C Construction

Elliott wave counting of the recent trend change

A break of 1.300 is necessary to correct above pic.

On the opposite, if I can see eur falling from 1.30 around area, there is chance of 'expanding type' diagonal as first wave, making 1.300 area as 3rd wave of expanding type.

The Euro group meeting is still on today, Saturday and it will be held on Monday too.

This certain rising has been observed in the mentality of 'euro group meetings'


RAY.

The game is my wife. It demands loyalty & responsibility, & it gives me back fulfillment & peace. -Michael Jordan

FINALLY THE Fire Works Begins

AND FINALLY THE FIRE WORK Begins

The classical wave C will be an Impulse or a Wedge?

Lets see people !

RAY

The Blue Print of Flat Pattern, Wave B

white wave a was 55 days long,
white wave b is 57 days long,

Here, white wave b hasnt retraced 50 percent of a
This flat pattern (above pic ) is similar to wave B found at the start of this UP-Trend

It is the same point where the hurricane called expanding diagonal developed, This time it could be more damaging.

Ray

A break up on 1.28800 needed!

Gold  A
Gold  B, the irregular Flat (Green a b c )

The question is Are we onto fireworks? A break above 1.28800, the break should be sharp and work done

Eur Goes up at least above 1.35000 probably more and more

This flat pattern suggest it was just a pause!

It will be interesting to see


Ray

The beginging at 1.26500

THE FIREWORKS around 1.26500

if breaks below it will indicate another count, but unlikely.

The Postponed Firework begins

Yes, This could be very assured probability of Eur firing Up-side.


The 'flat' correction as Major Wave B, ladies and gentlemen.

What interesting is :- Now IF wave C begins what kind pattern it will be?

Lets fix Major wave A, Major Wave B and up coming wave C

Major Wave A


Double zigzags + double irregulars + double zigzag = A

Double zigzag (Flat) = B

Expanding Diagonal = C


Major Wave B

Perfect Flat Pattern

---------Awaiting For Major wave C.