This is the elliott wave notation that I analyzed, currently the price looks to be going to the 3rd wave.
According to Elliott's notes, wave 3 is not the shortest wave, with these guidelines we can calculate that the minimum that occurs is wave 3 is the same length as wave 1.
if using fibo expansion, the minimum wave 3 will arrive at the price 1.36600
we have 400pips more opportunity for this analysis
According to Elliott's notes, wave 3 is not the shortest wave, with these guidelines we can calculate that the minimum that occurs is wave 3 is the same length as wave 1.
if using fibo expansion, the minimum wave 3 will arrive at the price 1.36600
we have 400pips more opportunity for this analysis