View: EURUSD: Update of the Short Term EWP | The wave trading

I Maintain my bullish stance since in my opinion price will unfold a larger Zig Zag or a Double Zig Zag off the July 24 low.

If this scenario is correct then at the September 17 high price has established the Wave (A) and now it is involved in unfolding the wave (B).

I am surprised by the lack of any weakness despite the correction in progress in the equity and commodity markets.

If the down leg off the October 17 lower high is correctly counted as impulsive then we could have a short term trend reversal:

If this is the case then price could be unfolding a Flat correction that should establish the bottom of the  wave (B.

The equality extension target is located at 1.2768, but it remains to be seen if bears will be able to break through the 200 d MA = 1.2832