EURUSD - triangle b
I can count 5 waves up for a (or1)
the correction appears to be drawing out a triangle in 3`s as so should a triangle in elliott wave 33333
if this is the case 1.11 would be the equality target for the zigzag
535 (zigzag b can be a triangle)
page 89 guidelines of wave formation
Elliott wave principle.
if it breaks the trendline it could be abc instead but still a corrective b wave for another push up to complete a higher degree abc.
up to another day to complete.
the correction appears to be drawing out a triangle in 3`s as so should a triangle in elliott wave 33333
if this is the case 1.11 would be the equality target for the zigzag
535 (zigzag b can be a triangle)
page 89 guidelines of wave formation
Elliott wave principle.
if it breaks the trendline it could be abc instead but still a corrective b wave for another push up to complete a higher degree abc.
up to another day to complete.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.