Photo: The simplest possible variant is provided by "АВС" wave structure m30 upwards
The charts of all timeframes, ranging from Daily to m5, show unique unanimity about bullish nature of EURUSD. This is clearly indicated by the position of the line of support/resistance within AO_Zotik index.
In this reference, Euro chart h4 vividly shows the pattern of "100% fifth sub-wave".
This is the end of so pleasing for traders unanimity of conclusions, as the situation at lower timeframes is controversial, thus showing the main point of descending trend. At he same time, even the scale of wave levels of the trading tool movement is hard to grade.
The simplest possible variant is provided by "АВС" wave structure m30 upwards.
In this reference, as supposed by the specialists of the System of early Prediction of , impulse movement upwards is highly likely to be broken before the start of European trading session at Forex; wave "В" m30 will become complex, and only then will rising profit-making impulse be formed.
Tatiana Kashyrskaia, analyst of “Forex, EURUSD” Department, trader of SRP Sub-department of Masterforex-V Academy
