cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 Monthly Wave Analysis for June, 2014 Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 EUR USD, “Euro vs US Dollar” Probably, Euro is still forming a large ascending zigzag [A]--[C] of V of (a) and is about to finish its correction of V in the form of horizontal running triangle. Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 One of the possible scenarios at weekly chart implies that Euro completed ascending zigzag (D) of oftriangle . If this assumption is correct, then later price is expected to start final descending zigzag (E) of . Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 One of the possible scenarios at daily chart implies that price finished the second “leg” C of [D] of ascendingzigzag (D) of in the form of diagonal triangle and started forming final descending zigzag (E) of . If this assumption is correct, then descending trend may continue until it completes zigzag (E) of and the wholeskewed triangle . Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 GBP USD, “Great Britain Pound vs US Dollar” Probably, descending “leg” [A] of b of large zigzag b was completed, and at the moment pair is forming large ascending correction of b, which may also take the form of zigzag. Right now, price is completing descending correction ( of in the form of skewed triangle. Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 Probably, ascending correction is taking the form of zigzag with skewed triangle ( of being completed inside it. If this assumption is correct, then pair finished (or is finishing right now) ascending zigzag D of (, which may be followed by final descending zigzag E of (. Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 Probably, pair finished ascending zigzag D of (B ) and started forming final descending zigzag E of (B ). However, this assumption hasn’t been confirmed and price may yet change zigzag D of (B ). Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 USD CHF, “US Dollar vs Swiss Franc” Probably, Swiss Franc is finishing global descending trend in the form of triangle (a). Right now, pair is completing its zigzag [A]--[C] of V of (a) with diagonal triangle [C] of V of (a) as its second “leg”. It may be confirmed by the fact that internal wave structure of this diagonal triangle looks completely formed. Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 Probably, right now price is completing ascending correction (4) of [C] in the form of skewed triangle, which may be followed by final descending movement inside zigzag (5) of [C]. Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 Possibly, pair finished diagonal triangle (v) of [c] of D of the second “leg” [c] of D of (4) of descending zigzag D of (4). If this assumption is confirmed, then later pair is expected to form final ascending zigzag E of (4). Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 USD JPY, “US Dollar vs Japanese Yen” One of the possible scenarios implies that pair is forming final descending diagonal triangle V of (a). Right now, price is forming its ascending correction [4] of V of (a), may be in the form of zigzag. Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 Probably, ascending correction [4] may take the form of zigzag; price is completing its first “leg” (A) of [4] in the form of impulse. Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 Possibly, descending correction 4 of (A) of ascending impulse (A) was completed in form of skewed triangle. If this assumption is correct, then later pair is expected to make final ascending movement inside wave 5 of (A). Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 30, 2014 Author Share Posted May 30, 2014 Monthly Wave Analysis for June, 2014 is done. Quote Link to comment Share on other sites More sharing options...
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