Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers!, can you hear them
13th Jan 2024 - B: Wave completed at the tops of 1.11393
Long Term Outlook From its low at 0.95358, we're seeing a leading diagonal wave signaling a potential long-term uptrend. As previously discussed, big gains might be ahead. Once short term completes & the base is formed as discussed in short term analysis, EURUSD will move into next sequence of wonder to behold waves which is Wave 3. Let us wait & have patience for magic to unfold.
Short Term Outlook It's building a base, possibly dipping to 1.02-1.04, a 50-61.8% retracement from the 0.95358 low to the 1.12757 high in July 2023. Wave C = Wave A falls to 1.03118 falls in the projected zone suggesting a stronger possibility for Wave-C ending in the box zone 1.02 to 1.04 as discussed earlier
From WaveTalks (Market Whispers!, Can you hear them) Abhishek
@tiwarishivam178, As per last idea published on 1st Feb 2024- Stock already topped at 1177, It even dropped to logical support of 959 bounced upside towards 1050-1075 zone. If stock falls below 1075 , has great chances to drop again towards 980's & breaking below 950's only our next target will be 835 where stock has to be reviewed. Note - Consult your financial advisor before making decisions. This update / analysis is not a solicitation to buy or sell.
tiwarishivam178
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@WaveTalks thanks! Waiting for your YT video since long. I would recommend you creating a series of videos for long term multibagger stocks