Hello, right now this is my prefered count for the EURUSD. A leading diagonal is unfolding.
According to my long term analysis this pair already bottomed and will keep going to he upside with some choppy price action.
A leading diagonal is a motive wave structure, with 5-3-5-3-5 internal sub-structures.
We can see some structures very clear and others not. This is because this pair is too manipulated by central banks and the price action is not moving naturally.
After the leading diagonal is completed prices usually makes a deep retracement to the 0.50 fib or more.
Definitely more choppy price action expected, right now better to choose other pairs.
This is MY WAVE COUNT, i respect always others counts and views.
Best regards.
According to my long term analysis this pair already bottomed and will keep going to he upside with some choppy price action.
A leading diagonal is a motive wave structure, with 5-3-5-3-5 internal sub-structures.
We can see some structures very clear and others not. This is because this pair is too manipulated by central banks and the price action is not moving naturally.
After the leading diagonal is completed prices usually makes a deep retracement to the 0.50 fib or more.
Definitely more choppy price action expected, right now better to choose other pairs.
This is MY WAVE COUNT, i respect always others counts and views.
Best regards.