Hello traders , EURUSD in daily timeframe , The wave count 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 leading trend, and from this trend, 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.
From the last wave of wave 3, wave 5 is being formed.
In our opinion, this wave 5 can continue its movement as much as waves 1 and 3, but breaking the dashed line first and then Fibo 1.618 will be necessary for the 3-wave higher wave (wave 5 is from wave 3 of wave 3 inside its wave 4 and probably in This range will first form a sideways process).
After this descent, an intermediate correction is formed for wave 4 of wave 3.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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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 leading trend, and from this trend, 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.
From the last wave of wave 3, wave 5 is being formed.
In our opinion, this wave 5 can continue its movement as much as waves 1 and 3, but breaking the dashed line first and then Fibo 1.618 will be necessary for the 3-wave higher wave (wave 5 is from wave 3 of wave 3 inside its wave 4 and probably in This range will first form a sideways process).
After this descent, an intermediate correction is formed for wave 4 of wave 3.
🙏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!❤️