As per the aforementioned H4 chart of EURUSD, price has bounced off of the bottom but considering the deep retracement the wave count is most likely a corrective ABC pattern (purple). At this point the wave count is highly vulnerable to change due to the bullish w
Please note that next week there will be no wave analysis. The next wave analysis will be on Tuesday May 13. Be cautious of the fact that today is the release of NFP figures which could heavily impact and alter all currency pairs and wave counts.