EURUSD-Expecting to reach 1.0450 for wave 4) of (3) to complete....from nmkvijay

nmkvijay

05 Aug 2022, 00:11 · Views 271

#OPINIONLEADER# #ElliottWaves# #PriceAction# #forexmarket# #ForexEducation#

EURUSD-Expecting to reach 1.0450 for wave 4) of (3) to complete.

Market Commentary:

1. Currently we are in the wave 4) of (3) and i am expecting to 1.0450 approx to complete correction.

2. Once it reached or it may decline to break the low and then it may raise as a irregular flat also.

3. I shown here only the regular flat for wave 4) and that could be a triangle also. But 0.9800 possible.

4. We have to identify the wave 4) completion and then we will get 5 waves down for wave 5) of (3).

DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS

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USDSGD: Target for c) of (B) is 1.2788 below. #OPINIONLEADER# #USDollar# #ForexForecast# #ForexEducation# Market Commentary: 1. Still one more 5 waves as a bearish impulse to reach 1.2788 and below as i shown here. 2. The 5 waves impulse from the low 1.2788 is the wave C) of 4) as i shown here and the 3 wave structure for a corrective waves. 3. Wave 4) is a irregular flat correction pattern and one more wave 5) to complete the wave (b) in 5) wave structure. 4. Target is below the wave 3) i.e., 1.2750 approx. but it will break that 1.2788.

nmkvijay