EUR/USD: bulls going to deliver wave [iii]

EUR/USD: bulls going to deliver wave [iii]

Image20171013132509001.png

There's a zigzag in wave 4, so an upward impulse in wave [i] has been formed. In this case, we could have a correction, which could be wave [ii]. Nevertheless, bulls are likely going to deliver wave [iii] afterwards.

Image20171013132510001.png

Wave (v) of [i] may have been ended, cause there's a pullback from 5/8 MM Level. Wave [ii] is likely going to take the form of a zigzag, so we should keep an eye on 2/8 MM Level, which could be a departure point for wave (i) of [iii].

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