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Elliott Wave Analysis & Forecast, EURUSD, D1, 20151208

gm December 08, 2015


If we look at chart we see that prices are declining in blue wave 3 towards its target.

Now the prices are in blue wave 3 of red wave C of blue wave Z. The ideal target for this wave 3 is near big psychological level 1.0000 where big battle will started and we found huge support. Fresh buyers can push price up in wave 4 towards 1.0250-1.0300 area before we see final decline in blue wave 5.

muhiuddin


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Posted by: gm

Currently working as Senior Analyst in Tijarat Network, a leading provider of in depth market analysis, research and trade recommendations for Forex, Stock, Indices and Commodities. Tijarat Network where analysts sit together, analyze technical and fundamental factors, conclude market direction and then issue analysis and forecast regarding where they believe the markets are heading. Elliott Wave Theory is a major factor that contribute in financial forecast. We value our reputation and always fulfill our obligations toward clients and partners.

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