WaveAlchemy

EURUSD PRIMARY ALTERNATE 1

FX:EURUSD   Euro / U.S. Dollar
75 views
5
Hi all,

This wave count states that 1) Primary C completed as a contracting ending diagonal and 2) Primary D is unfolding as a double-three.

Minor Wave C blue of Intermediate wave W yellow subdivides in three waves. I will make exceptions for the formation of zigzags. Of course a wave count of 5-3-5 is most ideal as prescribed by Mr Elliot . But by such alternation, if subdivisions are not what they should be but there is clear form and the "ideal look", exceptions as just outlined will be permissible.

Price is now located in Intermediate X yellow.

Comments