When I did look this EU hourly chart waves itself are likely correct with it but what is not marked is that is is one huge big ABC movement where both, A and C were own impulse waves and B in the middle is just terminating it for corrective. So, white labelling as waves 3 and 4 in it are A and B.

We will see what it does do on next week, it is this same daily chart 38.2 retracement it keeps hitting or close which it had been doing for long time which most often do not end anything, I think it might lead to be more complex zigzag wave higher, some day but waves works like that, if something is possible in theory itself it will happen even it would not be true.

1.3500 would be 50% for it with quick “mind” calculation.

Enjoy the weekend.