ElliottWaveStats

EURUSD-Selling looking for wave 2 or B

ElliottWaveStats Updated   
FX:EURUSD   Euro / U.S. Dollar
Main Data:


Indicator Top/ Stop Loss: 1.18584

Entering Selling Point: 1.18344 $

Target: 1.17273 $

R R/Ratio: 5:36


Commentary:

The bottom at 1.15530 $ started an impulsive movement apparently (as my vias indicates) at 1.18584 $ zone. This movement could be a wave 1 or A (Primary).

Now I am heading for correction in the 1.17200 $ zone (wave 2 or B).


Trade closed manually
Trade closed: target reached

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