It seems that everybody and his granny is shorting the pair - and it is still going downwards...

EURUSD

Bullish count still on - a small chance to see a dip towards 1.36 - definitely a buying area for me

EURUSD

It seems the euro is about to jump:

EURUSD

Stopped out at b.e. - guess we need another leg within the b wave

EURUSD

Bought 1.3668 - targeting the last leg of the zig-zag 1.3768

EURUSD

How about this being a double zig-zag instead of a leading diagonal /such a rare pattern/?

EURUSD

On this chart I was not trying to show a wave count - rather a reoccuring pattern /see the blue lines at the temporary bottom of 1.28xx and the pattern now which very much resembles it/ Sorry for the confusion

EURUSD

Markus, As a matter of fact, I myself considered this count too. But for two reasons I do not incline towards it: 1/ wave 3 looks like a 3-wave structure - when my posts become visible you will see my 4h chart; 2/If wave 2 is a flat - then wave 4 is ...

EURUSD

Markus, Thank you for the good words. As far as the intermediate to long term chart is concerned - well a picture speaks a thousand words

EURUSD

That is exactly what it is - these are the internal waves of a C wave of a flat - at least that is what I think. As for the wave A - corrective - it is too early to tell. Sometimes it is hard to label a wave of a higher degree - therefore I keep it ...

EURUSD

Or maybe find a pattern that occurs several times on a time scale? Especially the one occurring at the bottom of moves

EURUSD

[/COLOR] Hi Infinitus I guess this is the case. If we look into the wave structure on the hourly we are approaching the end of wave C up /or have touched it already/. It makes sense in the context of fib retracements as wave B ends at the 123.6 ...

EURUSD