thats the potential bat vs the shark. And if mkt wants, the bat can easily morph into a crab..which means 1.12 at an extreme.

EURUSD only

I have this on 15 min. Similar to yours. if it is an ABC..then probably we end with v(III) for this down move from 1.23s and we have a decent retracement up. If it is a 12345 impulse wave, then end of 3 with 4 sideways and 5 down to come to complete ...

Elliot Wave Analysis

it’s Friday. So that might be a wise decision as volume thins out later. I will continue to stay short as I am expecting 1.1870s..maybe even lower if market is crazy enough..Meantime I am still doing new Sos and bod trades . This iii of III still ...

EURUSD only

Bat vs shark?

EURUSD only

I am expecting continued grind lower with weak rebounds to work off divergence on lower time frames.

EURUSD only

down still I reckon.

EURUSD only

I like 1.1861.

Elliot Wave Analysis

Wave C equals Wave A or 1.618 of A Wave III usually 1.618 of Wave I seems long way to go..any retracement is a sell perhaps.

EURUSD only

Hourlies..let’s see how this count unfolds or whether it will be invalidated.

EURUSD only

So far rebounds have been weak. If it is iii of III, expect continued weak rebounds until V completes. Just mho.

EURUSD only

Feels like iii of III down..

EURUSD only

Train is heading for 1.1910s. And that may not be final destination.

EURUSD only

1.1991 to be cleared for next stop 1.1950.

EURUSD only

image

EURUSD only

Now if we break below the wedge, it gets interesting..

EURUSD only

Looking for 1.1910s. Looking at weak rebounds now to be capped 12060-80 zone.. leaning towards 1.2113 being the rebound high now.

EURUSD only

Weak...may have to flip

EURUSD only

Not suggesting it will fall off the map, just a fall to wave 4 of previous impulse wave..1.16s?? .

EURUSD only

i am not that bullish. Bearish divergence on weeklies suggest deeper sell down before bull emerges. Anyway, just my thoughts only...see what happened the last time divergence occurred.

EURUSD only

i dun rule out downside also. If retracement 12042 taken out, still not too late to look for 1.1910s..

EURUSD only