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
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