On the 4h chart we are still tracking wave C), with sub-wave 5 in
progress on the hourly chart. Divergence on MACD and Elliott Wave Count
suggest that current rally is in low volume and momentum which is
evidence of approaching turning point. Resistance zone is at
1.3400-1.3480.
EURUSD 4h - Elliott Wave Analysis Chart
EURUSD 1h- Elliott Wave Analysis Chart
No comments:
Post a Comment