Possible 5th Wave extension count - Is it over yet?

FX:EURUSD   Euro / US-Dollar
Hi All,

Crazy moves by EUR and nice to see finally but is the impulsive wave over? My count previous count is still valid but instead of 5th wave terminating at the standard 100%, 1.618%, the wave has extended to 686% which is rare. However, given the nature of US economy and the recent Macron win has definitely given EUR a boost.

Please see the count so I am now looking for a possible corrective short to close the gap and then to shoot up up up.....

5th wave count.

Wave 1: Impulse
Wave 2: ZZ retraced to 50%
Wave 3: Extended to 686%
Wave 4: Expanded Flat retraced to 14.6% (Shortest fib key level)
Wave 5: Final impulse

Now, on the short side, I have drawn key levels I am expecting this pair to break and down to the previous wave 4, look for a retracement and then look at entering a short trade

Cheers and good luck.
Trade ist aktiv: Short trade triggered.

Looking at a gap filler so a load of pips to be gained.

Let's see how this falls

DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden