About meDiscovered the Seventh Wave Principle a completely connected version of 'The Wave Principle.'Founder of the Seventh Wave Institute. Best selling author in the categories of Waves & Wave Mechanics, Business Planning & Forecasting and Digital currencies.
The bigger picture: in highest degree is buy buy buy, anywhere down to 1144 / 1174 and target the moon.
Ultimately I want to be long. I feel the core projection for the weekly move down has reached max target at 1195 +161%, 261% comes in at 1145 and 88% maybe a retrace in wave 6 for the set going up from 1105
The second hit on 1210 now looks like wave 4 in set...
Euro looks ready to drop to new low and finish the down move of last few weeks. Here it's made a contracting triangle (top declining, bottom rising.) The move now to the upper trendline termination E. Price can undershoot or overshoot the trend line at point E. Price should not go above 1.1296> Sell 129X target 1174/1144.
We've crossed the lower trend line and reached point E. There is an ending diagonal / falling wedge (bullish on the lower timeframe charts. Projection extension levels are lining up in all wave degrees. Looking for return to 1400s.
Eur/usd keeps grinding lower, but clearly a reversal wedge or triangle is formed up and reversal coming.
Core projections are being skewed lower or stretching out in time with every 6 wave to 7th wave for all waves in the last few weeks.
I'm holding long with stops under 1.1236.
Target in sight sell 12400 target 9757 > 7787
Ending diagonal typically occur in waves 6/7, sometimes they fall short of the upper trend line. I think this one is going to fall short of the line and terminate at 12400