EURUSD - Trends, Forecasts and Implications (Part 3) - page 196
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I expect a drop from around 1.41 to around 1.37
And look at the H1, a similar wedge is being drawn there, how it will work out.
So far so good.I see the formation of the "X" bunch wave as a double zig-zag, it is possible that a 3rd zig-zag will also be formed, but that it is a correction and not the beginning of a serious rise, I am sure.
And I still think it's a wave with a wedge coming.
And I still think it is the wave with goes the wedge.
- a wedge always consists of five main waves.
- the end of wave 2 never goes beyond the beginning of wave 1 .
- wave 3 always extends beyond the top of wave 1 .
- the end of wave 4 always goes over the top of wave 1 but never over the beginning of wave 3 .
- Wave 3 is never the shortest of all the active waves of the wedge.
- The 3rd wave is always an impulse.
- Wave 1 can either be an impulse or a wedge.
- The 5th wave is usually an impulse.
- Wave 5 always extends beyond the top of wave 3 .
- Major waves are marked with numbers only.
- Waves 2 and 4 tend to be zigzags or derivatives thereof.
- waves 2 and 4 tend to form a correction of 62% to 78% depth.
- in a converging wedge, wave 1 tends to form the longest, wave 5 the shortest.
- in a diverging wedge, wave 1 tends to be the shortest, wave 3 or 5 the longest.
- In a converging wedge, 5th wave tends to complete within the area of the line of formation or to break through it.
- In a diverging wedge, the 5th wave usually ends without reaching the line of formation.
- a wedge can only be 1 major wave in an impulse, a wedge, or a zigzag.
- after the end of a wedge, a correction always begins and never a new trend begins.
- The 1st, 3rd and 5th waves of a wedge are valid and indicate the direction of the prevailing trend, as is the wedge itself.
- The difference between a wedge and a final diagonal triangle is the structure of the internal waves and the wave formula.
- Thewave formula of the wedge is5-3-5-3-5.
Structures are different...))
Structures are different...))
wedge and finite diagonal triangle
Don't swear by terms)))
wedge and finite diagonal triangle
Don't swear in terms)))
Sorry, not again...)))
So far so good.I see the formation of the "X" bunch wave as a double zig-zag, it is possible that a 3rd zig-zag will also be formed, but that it is a correction and not the beginning of a serious rise, I am sure.
Imho, assuming a truncated C in ZZ, its level would be equal to the top of A, unless of course B rolls back to 62 Fibo. Assuming C equals A in X, which happens more often, that would cancel out the correction. By that I think the correction is completed with a W zigzag and now the second 3866-3840 is coming.
You know the language of the "waveformers" put up a chart and everything will become clear, and so...., what can be understood? I don't understand anything, sorry.
You know the language of "waveforms", set up a chart and everything will become clear, and so...., what can be understood? I do not understand anything, sorry.
))
In the fifth one there should be another step, but according to Fibo there seems to be no room for it anymore.
You know the language of the "waveforms", put up a graph and everything will become clear, but so...., what can be understood? I don't understand anything, sorry.