Trader, analyst and instructor with a 6-year experience

EUR/USD: weekly wave analysis (18.01)

Roman Petuchov

Daily. The market keeps on forming a corrective wave (4), it is close to its end. The price is expected to grow in a wave Z.

H4. Wave Z takes form of a simple ascending zigzag. Wave [c] of Z is now being developped. Price is expected to grow. Be careful, though: if growth fails to contunue in the first 2-3 days of the week, the forecast will be negated. 

Scroll to top