EURUSD_Elliott waves and fractals applied on the weekly chart
Updated
The price is currently printing a triangle (a-b-c-d-e).
The alternative count is for a zig zag (alt w - alt x - alt y)
No matter which of the two, on a medium term, the exchange rate shall go well below parity.
The alternative count is for a zig zag (alt w - alt x - alt y)
No matter which of the two, on a medium term, the exchange rate shall go well below parity.
Note
Wave recount for the period 2015-2016 due to invalidation of triangle (wave 'd' has printed below the low of wave 'b')
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