c4ss10p314

Elliot wave idea for EURCHF

FX:EURCHF   Euro / Swiss Franc
Hello world,

theory:
wave 4 pullback to outer channel.

We have:
- lots of price action indicating a high
- smaller candles at level indicating momentum loss
- oversold RSI
- Impulse wave pattern (longest wave - until now - 3)
- slow wave 2
- wave 2 didn't come below wave 1
- wave 2 at a perfect 51 % retracement

What I am waiting for:
- trying to catch wave 4
- at channel tipp trying to catch wave 5

Happy for any feedback.

All the best,
c4ss10p314

Comments

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