If this Elliott Wave count is correct, EURUSD is heading down to complete wave 5 of 5 of A in an 'Ending Diagonal' pattern.
Details as shown on chart.
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Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
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Details as shown on chart.
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Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
--------------------------------------
Trade active:
Heading down to 1.1200 (Wave 5 Green on main chart)
Trade active:
Price moving lower
Trade active:
1. Wave 4 crossed Wave 1 territory by wick.
2. RSI still within downwards channel.
2. RSI still within downwards channel.
Trade active:
Wave count still valid
Trade active:
Still running on counts
Trade active:
Extended correction for Wave 4 (white) compared to last count.
Trade active:
Slight change in wave count as more data gathered. I'm still bearish.
Trade closed manually:
A recount initiated. New chart at link provided below.
$EURUSD - 20092018 EURUSD -
$EURUSD - 20092018 EURUSD -