Hello traders , EURUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
With the downward movement that took place and the breaking of the warning range that we specified in the previous analysis, the scenario changed again.
In the count, the total of the previous wave, which consists of five waves, is related to wave c of , and the recent recent decline of the euro to the dollar is related to wave .
This wave has completed its 5 tiny waves 1 and 2 and now we are inside wave 3, wave 3 is in its final waves and to complete it, another decline will probably take place. This decline will continue until the red trend line finally.
(This trend line was vital in the weekly analysis in another account we published.) After another reaction to this line, wave 4 correction starts and after the green circle is broken upwards, this correction is confirmed.
This correction is formed up to the range of 1.1400 and then the decline for wave 5 starts from wave 5.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
With the downward movement that took place and the breaking of the warning range that we specified in the previous analysis, the scenario changed again.
In the count, the total of the previous wave, which consists of five waves, is related to wave c of , and the recent recent decline of the euro to the dollar is related to wave .
This wave has completed its 5 tiny waves 1 and 2 and now we are inside wave 3, wave 3 is in its final waves and to complete it, another decline will probably take place. This decline will continue until the red trend line finally.
(This trend line was vital in the weekly analysis in another account we published.) After another reaction to this line, wave 4 correction starts and after the green circle is broken upwards, this correction is confirmed.
This correction is formed up to the range of 1.1400 and then the decline for wave 5 starts from wave 5.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️