EUR/USD: possible zigzag in wave (iv)

EUR/USD: possible zigzag in wave (iv)

Image20171103172143001.png

The price couldn't fixate above 3/8 MM Level, so wave (iv) might have been formed. Therefore, we're likely going to have a downward impulse in wave (v) of [iii] soon.

Image20171103172143002.png

There's a possible zigzag in wave (iv), so the price is declining in wave i. At the same time, we could have a local correction soon. Nevertheless, bears are likely going to deliver wave iii of (v) afterwards.

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