Our Elliott Wave read has EURUSD H4 pointed lower while it stays below 1.16201, with the first level it is watching at 1.15544.
- direction
- lower
- invalidated at
- 1.16201
- target 1
- 1.15544
- target 2
- 1.15413
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How our system reads EURUSD H4
- H4 — W-X-Y ▼ in Y ·C: locked (Diagonal ▼ in wave 4 ·C); bias aligned H1-1/H4-1/D1-1/CHoCH-1 Rev11%; rev=11% — no contrary signals Wave read: WY. Entry basis: zone.
| Level | Value |
|---|---|
| Entry zone the system marks | 1.14731 |
| Targets the system projects | 1.14343, 1.14185, 1.07655 |
| Level that invalidates this read | 1.15309 |
Potential next legs our system also tracks
- D — Diagonal ▼ in wave 4 ·C (W4) · primary count · next leg down · system weighting 8% · projected target zone 1.12899–1.14211 · count invalidated beyond 1.1849
- D — Diagonal ▼ in wave 4 ·M (W4) · next leg down · system weighting 8% · projected target zone 1.12899–1.14211 · count invalidated beyond 1.1849
- D — Diagonal ▼ in wave 5 ·M (W5) · next leg down · system weighting 8% · projected target zone 1.12321–1.13634 · count invalidated beyond 1.17115
- D — Diagonal ▼ in wave 5 ·C (W5) · next leg down · system weighting 7% · projected target zone 1.12321–1.13634 · count invalidated beyond 1.17115
- H4 — Impulse ▼ in wave 4 ↳F (W4) · primary count · next leg down · system weighting 36% · projected target zone 1.15413–1.15544 · count invalidated beyond 1.16201
- H4 — Impulse ▼ in wave 5 ↳F (W5) · next leg down · system weighting 33% · projected target zone 1.1488–1.15011 · count invalidated beyond 1.15566
- H4 — Impulse ▼ in wave 3 ↳M (W3) · next leg down · system weighting 23% · projected target zone 1.12131–1.13443 · count invalidated beyond 1.15566
- H4 — Impulse ▼ in wave 3 ·C (W3) · next leg down · system weighting 18% · projected target zone 1.12742–1.14194 · count invalidated beyond 1.16543
- H1 — Impulse ▼ in wave 4 ·M (W4) · primary count · next leg down · system weighting 20% · projected target zone 1.14412–1.14737 · count invalidated beyond 1.15692
- H1 — Impulse ▼ in wave 5 ·M (W5) · next leg down · system weighting 19% · projected target zone 1.14148–1.14473 · count invalidated beyond 1.15635
- H1 — Impulse ▼ in wave 4 ·F (W4) · next leg down · system weighting 18% · projected target zone 1.14412–1.14737 · count invalidated beyond 1.15692
- H1 — Impulse ▼ in wave 5 ·C (W5) · next leg down · system weighting 18% · projected target zone 1.14539–1.14864 · count invalidated beyond 1.15566
What would change this read: a close beyond 1.15309 would invalidate the primary count. Learn more about invalidation.
Zero-Touch Divergence
No live ZTD bias on EURUSD H4. The last one, a regular divergence short, reached its target. ZTD fires a few times a month per instrument; most bars carry no bias, and that is its ordinary state.
CAT is an educational community. Every analysis shows how our system reads a chart — it is not investment advice and not financial advice, not a recommendation to buy or sell, and carries no performance promise. Trading involves substantial risk of loss.