EURUSD possible way the structure can develop.

Euro Fx/U.S. DollarFXCM

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⋅ 29 Th10 2015 16:08

The EURUSD is an a corrective structure (B) wave - I am expecting this wave to continue with one more leg down after a corrective move up.

Let's see how it goes. I will update this as the structure develop if/and it changes.

This is not for trading but for educational purpose.
Follow me for more.

Elliott Wave

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InsideMarket

⋅ 29 Th10 2015 18:47

The awesomeness of this chart is indescribable.
Thanks, Anil!

bekirdur

⋅ 1 Th11 2015 21:01

Anil, I don't know if you answer those kind of questions, no problem if you don't :) but are we currently on wave 3 for EURUSD parity? Thanks

anilmangal

⋅ 2 Th11 2015 01:35

no ,not wave 3 ,there is no motive wave in this corrective structure

PatStale

⋅ 30 Th10 2015 09:30

I see great value in this analysis, particularly as on a weekly timeframe we are in serious consolidation with Bear pressure. I've only recently come to your charts Anil, and I must say they are a very good (and efficient) foundation for corrective Elliot trading.

anilmangal

⋅ 30 Th10 2015 09:34

Thank you .

Cazzie

⋅ 29 Th10 2015 16:43

Agree with your analysis Anil.

Hiisham

⋅ 29 Th10 2015 16:34

that's really interesting

IvanLabrie

⋅ 29 Th10 2015 16:16

Definitely a head cracking pattern...Let's see how it plays out.
Cheers!

anilmangal

⋅ 29 Th10 2015 16:17

yes we will see in time

tst

⋅ 29 Th10 2015 23:55

Agree, im looking price acting the same way but use different analyst.

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