Ali_Aasal

EURUSD would possibly go up

לונג
Ali_Aasal מעודכן   
OANDA:EURUSD   יורו / דולר אמריקאי
SO as it might seem a bit confusing I'll go through the details
The market appears to be forming a double combination which is a zigzag-flat and in between, they're followed by a neutral triangle as an X-Wave.
so if the market unfolds the flat pattern and the C of the Y-Wave behaves impulsively the flat would be the best scenario for now, if not the pattern could change in to shape of a triangle or other time-consuming patterns.
considering the existing scenario correct, as time specifications are plotted on the chart, C-Wave of a flat would normally take 61.8% of the time consumed by waves A and B summed up or it will take 161.8% of the time of wave A in the undergoing case
Segment Y would often have 61.8% of the W-Wave in terms of price and would take a longer time In comparison to sagment W and the retrace after the WXY pattern is completed would be around 61.8% of the whole rally
it's just a general idea of where the market is and how it might behave
I hope it helps you all.
הערה:
Since the wave one of the ongoing rally took shape as a correction (which seemingly is diametrical) the scenario of the flat as for ending the pattern failed and the whole Y-Wave would take shape probably as a neutral or contracting triangle

remember the time and price boundary of wave C still firmly applies but the final change in price direction (which is shown as a purple arrow) would be postponed for another time in the future

Good luck
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.