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Looking back to my previous post,

As I said The first UPSIDE part hasnt finished and it should finish around 1.37500

Now, to Make it possible eur/usd should see most amazing throw-over soon.

Believe or not A sound break above 1.32250 is SIGNAL FOR STRONG, Bling Buy...


Target for this buy isn't 1.37500 directly but around 1.35-1.36

That will finish 5 wave sequence, then a smaller retracement and then final Up for 1.37500

Ray

We all have dreams. But in order 2 make dreams into reality, it takes an awful lot of determination, dedication, & discipline. -Jesse Owens

Weekly eur/usd Channels update : Triangle

Above pic eur/usd weekly
To fix the Triangle's wave E (from 1.2400), there has to be unique 2 separation of the leg E
The first one has not finished, the yellow cross mark suggest first major break of the rise since 1.2440(the begining of E), 1.37400

Then eur should reverse back in very impulsive manner to 1.33900 - 1.31500 /

From there is C wave begining of very sharp diagonal making last wave of triangle.
TARGET NO More than 1.46500.

In order to excel, you must be completely dedicated. - Willie Mays

Ray.

Elliott Waves Counting Update 4H

Below 4h elliott wave counting,

The most clear picture will be eur/usd is in the Last wave,5th wave finishing 3rd wave(green)

But the ECB press conference made eur to fall in ABC sequence or is it 5 wave..

Green 1 - ab
Green 2 - ab
Blue 1 - minor A n B
Blue 2 - similar ECB press conference fall
Blue 3 - Striking thrust A n B ( also comparable to blue 1 - very identical )

Blue 4 - Most probably ended at trend line touch
Are we in Blue 5? or we are seeing blue 4 as flat?

Yet to be known..

RAY

Instead wave B Probability

The fall was shallow,


if it wasn't 1 to 5, was it failed? or is it ABC.. I will update it..

Target could be bit above of recent high 1.31200 or just below 1.31100

The Ecb Press conference after a failed diagonal and illusionary! diagonal as 1st wave

The most interesting thing was The irregulat wave 2
Its still should be look forward for wave pattern(above pic)

As pic shows, its impulsive diagonal !
if it is then the 5th wave of its should be equal of third wave OR a failed?

However, another wave pattern should be in concern for above pic