EURUSD - Trends, Forecasts and Implications (Part 2) - page 217

 

Here's my prediction.


Red, the main one, and yellow, the alternative one.

Z.I. I'm very confused about D1, maybe the third wave on D1 is not over yet.

 
rensbit:

Here's my prediction.

Red, the main one, and yellow, the alternative one.

Z.I. I'm very confused about D1, maybe the third wave on D1 isn't over yet.

but can wave b be an impulse?
 
Goje:
but can wave b be an impulse?
Thanks, corrected. Left over from the last alternate layout.
 

I too am confused by the markup, rensbit. Your wave (a) is marked as an impulse, in which the third wave is the shallowest and doesn't even go further than the first wave on the final target. Somehow that's not the case.

And in general - I wouldn't look for wave truth on the five minutes.

 
rensbit:
Thank you, corrected. Left over from the last alternate layout.

wave iii is the shortest

 
Goje:

wave iii is the shortest one

wave iii is the channel boundary there. And if we mark it as 3,3,3, then on D1 it would not be a correction, as the wave would be too short.
 

What does this have to do with D1? That wave is a shallow part of D1.

Once again, on M5 you don't have to look for the truth in the waves, even the EWP monsters say so.

 
1.28575 however.
 
 

what is that thing you have that shows quotes?

I looked in 3 places all around 1.2900.




found the address on the screenshot indeed,

what to believe?

Reason: