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Re: Clear Recomendation For EUR/USD (Elliot Analysis)
1h Chart Analysis
With the lowest price( 3Feb )should be an W5:5, also a Wave A of this correction?
If iam on the right, then Typical, i mean Typical Wabe B price projection should be 1.2145/86
Any downside (to keep this anayliis) should be limited by 1.1968, to 1.1912 maximun acceptable price target for a Wave A
About Time Projection, this Wave B should be ending between 8Feb to 10 Feb.
Look at the reversal on the Oscilator, same view, we should be expecting a trend up next week, in my opinion following the Oscilator every position should be to the LONG, waiting fo trend reversal on Over Sold Zone
Important: suports should be the lowest price 1.1968, then 1.1953 and the last of this analysis 1.1912
1440 m Data
Like i was saying form the begining, we are in a correction, than should be ending at the end of March, could be more, 7 of April
It seams than Wave A is in place, is that is true this Wave B to the upside should last a few days with the oscilator in the OverSold Zone, and then Wave C should be ending between 21Feb and 10 of March, looking the ideal price target zone of the Wave 2 or B, 0.618 retracemnts.
Wave 3 or C should be ending the correction at the end of march between 1.2652 and 1.2891
10080m chart
Same chart as last week, looks where and when this correction should be ending
Conlcusion
In my opinion the next days the trend should be up looking for Wave B target, in the short -middle term the trend should be down looking for Wave c:wave 2 or b price and time targets, in the middle - long term the trend should be up, looking for the end of this correction, on the price and targets mencioned before
Have my kindest regards to all of you
mismo analisis en castellano ver richdad.com.ar
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