EURUSD - Elliott wave – monitoring micro wave ((3)) of submin v

prevailing scenario

wave (ii) maybe over in abc subminuette correction
monitor prices evolution in a motive mode
wave ((3)) of v unfolding - first target 1,2189 fib 1.618 wave ((1)) ext

ALT: continuation of wave (ii)
possible expandig flat in 3 waves

critical price area

previus daily close 1.2148
PP 1.2145
FIB 1,2189 fib 1.618 wave ((1)) ext – 1.2233 fib proj wave v (double extention 3/5)
static S/R 1.2182 critical R
volatility D 1.2130-1.2223

Yorum:

wave ((3)) - reached fib 2.618 extension at 1.2217 area
waiting for wave ((4)) to develop