Wave analysis on EURUSD at Daily time frame
NEoWave analysis on EURUSD at Daily time frame by Enayat Ashkian
The labels of the analysis is shown on the chart and described that wave Y is completed.
Wave W : Normal ZigZag
B / A : 40%
C / A : 116%
C / B : 288%
Duration : 37 days
Wave X : C-Failure Flat
B / A : 82%
C / A : 44%
C / B : 53%
Duration : 22 days
Wave Y : B-Failure Flat
B / A : 77%
C / A : 97%
C / B : 125%
Duration : 35 days
Pattern Type : Correction
Status : Wave Y is over and now pattern can be continued by wave XX and Z or pattern can be over as double three pattern.
Please discuss about this analysis, it's progress labels, targets, T/P, S/L and future patterns, moves and ... using your described charts by comment on this page.
Regards,
Enayat Ashkian
The labels of the analysis is shown on the chart and described that wave Y is completed.
Wave W : Normal ZigZag
B / A : 40%
C / A : 116%
C / B : 288%
Duration : 37 days
Wave X : C-Failure Flat
B / A : 82%
C / A : 44%
C / B : 53%
Duration : 22 days
Wave Y : B-Failure Flat
B / A : 77%
C / A : 97%
C / B : 125%
Duration : 35 days
Pattern Type : Correction
Status : Wave Y is over and now pattern can be continued by wave XX and Z or pattern can be over as double three pattern.
Please discuss about this analysis, it's progress labels, targets, T/P, S/L and future patterns, moves and ... using your described charts by comment on this page.
Regards,
Enayat Ashkian
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