Eur/usd going for wave B correction, Target 1.26133

Eur/Usd is having 'correction' as Wave B.

50 % retracement = 1.26133

Above pic, red line = 1.26133

Eur/usd aims 1.2730 are, Warning

As of previous post, Green A and now Green B has finished.
We should look for Down side right from Monday and acceleration from Tuesday


The target is 1.27300 area, 38.2% retracement from the high.

The wave B has been :-

Double zigzag + b + zigzag = green A
Green B = double zigzag + irregular + zigzag

Green C is now on, it should be impulse or diagonal type.

White wave B - 1

The blown-up up-side ABC has finished making white wave A.

We are not having white wave B.
Before of that,

White wave A =  A ( double zigzags, irregulars & zigzags )
                         + B ( double zigzags )
                         + C ( expanding diagonal - the strong upside correction )
White wave B = (above pic) double zigzag (green a)
                         + irregular(? green b)

Eur/usd daily

The difficult part (green abcde) is expanding diagonal as wave yellow wave c.
We have finished White A with yellow abc.

And we are looking for white wave B. I predicts white wave B could place around 1.263 area

Only a break above recent high 1.3170 could place invalidity for wave B...

White wave B's elliott count is in next post.

I am back !

It was out of sight and out of elliott predictions, I had to stop and get slow down on my counting to fix proper counting!

Finally I have come up with some probabilites, I will update it later.

But one thing was observed by me was ''shallowness of red candles''

From 1.22400 there are all strong green candles but before of that - all the falling red candles showing great shallowness..its like rotten threads hanging.. It those time we should be sure that the strong green candles are in position..and yes they are here..

I will update about it.

Elliott wave do exists but unlike our prediction about them.

Ray