EURUSD appears to be working on a “Impulse Wave”/“Motive Wave”. Wave 3 was an extended wave of 1.618 of the total length of wave 1. Therefore, 61.8% of the total length from wave 1 to the end of wave 3 is a point to watch for the end of wave 5.
* This concerns purely my vision on the principle of the Elliot Wave and certainly no advice to buy or sell / long or short.
* This concerns purely my vision on the principle of the Elliot Wave and certainly no advice to buy or sell / long or short.