EURUSD 1W Large Bullish Scenario
Updated
Overview:
Expectations:
Note:
- This chart is showing signs of a potential large bullish wave
- we analyze now the Wave Three 'III' ( the green one) from the big 5 impulse wave.
Expectations:
- Wave 1 is not yet finished
- Once the price rises above the entry point, Wave 1 is expected to continue rising and end around 1.12298
- After Wave 1 is complete, Wave 2 will start and is expected to end around 1.098
- Once Wave 2 is complete, an extended Wave 3 is expected to occur
Note:
- This scenario is just one of the analysis scenarios and, in my opinion, it is unlikely to happen.
- For more information, please check the monthly analyses and other scenarios.
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