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Long

EURUSD 23JUL16 THE PLAN REVEALS

FX:EURUSD   Euro / US-Dollar
As more data appears more easy is to identify the Plan. Of course this as rather complex wave started at 24 JUN. Yes Is really a wave, not what some "experts" when don't know what is going on use the words "consolidation" or "correction" or even "abcxabcxabc" . By the way correction of what? What is wrong that needs correction?
Anyway, if Bulls want to profit from this wave then the impulse up should be @ 1.092 to go to the target (classified for now). However, is coming down too fast to stop there, so needs a counter wave up to stop it and also to show the Bulls strength. This wave should go at least to 1.1165. According to my last wave counting, analysis and measurement one good setup to reach 1.1165 will be this one among many others possible. Good luck!



General Notes
These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately that is sync with the nonsense 18H00 NY time (????).
As always I am only predicting wherethings happens, not when, because that really depends on others factors as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.
Of course this is a personal and original idea and not bulletproof, so don't blame me if it doesn't work. :-)
I don't agree with it at all, but the quality of the work you have put in and the effort you have gone to just to share it I really commend and will be following you from here :)
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Thanks.
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