YuzukiChan

EU will see the bottom tonight

FX:EURUSD   Euro / U.S. Dollar
1612 17 31
The accuracy of my previous idea strengthens this one. I am waiting for a confirmation to the down side before going short.

FOLLOW UP:

It may still go down further as it has already pierced down more than expected. I am still bullish in the long run.
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good Yuzuky!!!!!!!!! good good good!!!!!!!!! Happy weekend!!
+1 Reply
It is dangerous to forecast, as these types of patterns can be accumulation.

https://www.tradingview.com/chart/Xro4d6XD/
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YuzukiChan Clipper52a
Sure. I am still holding back.
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Clipper52a YuzukiChan
Sorry Yuzuki, I am new to this site, don't know how to post charts properly, I am looking for a way to do that now :). I will update my chart, good luck in your trades.
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Clipper52a YuzukiChan
I think this is how you do it :)
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Clipper52a YuzukiChan
As you can see, the chart showed consistently higher bottoms, and if yesterday turned out to be a 1 bar counter trend, this thing will move. good luck.
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Clipper52a YuzukiChan
btw, your Elliott Wave counts are dangerous, need to incorporate, time, patterns and complexity into the analysis; at a minimum, wave 3 should never be shorter than 1.618 of wave 1 and should showed a much sharper angle (or it could easily be ABCxABC or double zigzag variant). From a time perspective, the 2 corrective wave should always exist the time frame of the impulsive waves, or there is very high chances your count is wrong. good luck.
+1 Reply
Clipper52a Clipper52a
sorry, spelling, *exceed* or *exist*
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What will confirm a downside in your opinion? I can't read it from the graph.
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