Re: Elliot Wave Club
On the daily chart, the third wave of the higher level 3 of (3) forms, within which the wave iii of 3 develops. Now, the third wave of the lower level (iii) of iii has formed, and a local correction has ended as the fourth wave (iv) of iii.
If the assumption is correct, the price will grow to the levels of 1.0072–1.02. In this scenario, critical stop loss level is 0.9536.