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Elliott Wave Long Term: EURUSD to continue unfolding second-wave correction

The second wave of wave ((C)) is likely still underway. As you can see on the 12h chart below, there’s a possible ongoing double zigzag pattern for wave (2). If correct, the price is going to continue moving sideways in the coming days. Also, the market should break the low of wave W before a third-wave advance begins.

1 thought on “Elliott Wave Long Term: EURUSD to continue unfolding second-wave correction”

  1. I think the long term charts should only be weekly and monthly and no 12H, so of meaningless.

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