Hello traders, Symbol EURUSD ,This analysis has been prepared in a weekly time frame but has been published for a better view in a 2 week time frame.
Our goal in this analysis is to give you an overview of the future of symbolism.
As you can see in the chart, this symbol has been analyzed and examined from 1973 until today and is predicted until 2025.
Based on this wave count, a 5-wave cycle is complete and we are now in its correction cycle.
In this correction, first 5 waves are forming and probably these 5 waves will be for wave A and we conclude that this correction is formed in the form of zigzag .
Wave A has not yet formed Wave 5, and we expect Wave 5 to end based on two Fibonacci targets of 0.50 or 0.618, both of which are near the midline of the channel, and Wave B begins after Wave A is completed. .
This analysis is fielded if wave B moves beyond Fibonacci 0.618 or the price crosses the red circle.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Our goal in this analysis is to give you an overview of the future of symbolism.
As you can see in the chart, this symbol has been analyzed and examined from 1973 until today and is predicted until 2025.
Based on this wave count, a 5-wave cycle is complete and we are now in its correction cycle.
In this correction, first 5 waves are forming and probably these 5 waves will be for wave A and we conclude that this correction is formed in the form of zigzag .
Wave A has not yet formed Wave 5, and we expect Wave 5 to end based on two Fibonacci targets of 0.50 or 0.618, both of which are near the midline of the channel, and Wave B begins after Wave A is completed. .
This analysis is fielded if wave B moves beyond Fibonacci 0.618 or the price crosses the red circle.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️