Hello traders , EURUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
The wave count that we had in the weekly time of this symbol showed that wave c ended from wave 4 and this decline is related to wave 5.
Our counting wave is not normal at all and can be fielded at any time, and this wave is also part of wave 4 of the previous leading trend.
Anyway, we assume that we are in a process of progress, and from this process, the main waves 1 and 2 have ended, and the microwave, wave 3, is being formed.
From wave 3, waves 1 and 2 are probably over, and now we are inside wave 3 of wave 3.
The trend of this wave is in wave 4 and wave 4 was probably in the shape of a triangle.
After the completion of the descending triangle for wave 5 of 3, wave of wave 3 will occur, the target of this decline is around 1.10000.
We do not have a specific field point, but the failure of the upper side of the triangle in the analysis or the failure of the upper side of the green channel in this analysis is fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
The wave count that we had in the weekly time of this symbol showed that wave c ended from wave 4 and this decline is related to wave 5.
Our counting wave is not normal at all and can be fielded at any time, and this wave is also part of wave 4 of the previous leading trend.
Anyway, we assume that we are in a process of progress, and from this process, the main waves 1 and 2 have ended, and the microwave, wave 3, is being formed.
From wave 3, waves 1 and 2 are probably over, and now we are inside wave 3 of wave 3.
The trend of this wave is in wave 4 and wave 4 was probably in the shape of a triangle.
After the completion of the descending triangle for wave 5 of 3, wave of wave 3 will occur, the target of this decline is around 1.10000.
We do not have a specific field point, but the failure of the upper side of the triangle in the analysis or the failure of the upper side of the green channel in this analysis is fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️