Elliot Wave Analysis on EUR/USD

I'm expecting a breakout from this downward channel this week
Snapshot

The big sideways correction was probably an expanded flat which is most likely over with wave C hitting 1.618 extension
Snapshot

And if that's true then we're headed up for the next several weeks to complete wave C of the larger ABC
Snapshot
Chart PatternsTrend AnalysisWave Analysis

Haftungsausschluss