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victormcastanonc
Oct 28, 2017 5:40 PM

EURCHF 1D Elliot S&R, Trend lines LONG TP1 1.1890 TP2 1.2270 Long

Euro / Swiss FrancFOREX.com

Description

EURCHF 1D Elliot S&R, Trend lines LONG The price moves up to wave "iii" around TP1 1.1890 and to waves "v" and "5" around 1.2270
Comments
LotusTrading20
The trend has hold today!
LotusTrading20
If you use this trend line we're already out of it. Expect bounce "back on channel" monday?
LotusTrading20
Why 1.2270? How you get that number?
victormcastanonc
@chocotraders, It is the projection on the parallel channel assuming it keeps moving almost at same speed.
macedufaq
How confident are you on this analysis from a scale of 1-10 victormcastanonc?
victormcastanonc
@macedufaq, As long as it keeps above the trend line, a lot!!!
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