EURUSD Beginning Wave 5, Waiting for Ichimoku Confirmation
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I can now count five waves down in wave C of E, implying that minor wave 4 is complete and wave 5 has begun. I'm still waiting for prices to close above the Ichimoku Cloud on the 15-minute chart for confirmation because this most recent push up could still be part of wave C down, possibly forming a flat as wave 4 of 5. However, as prices continue to rise, the probability that we are still in wave C decreases.