glennmercer
Short

EURUSD Short: Upcoming Correction Possible (Elliott Wave)

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             has completed a series of bullish impulse moves and may be ready for a 38.2% correction down to fourth wave support. To add to the possibility of a correction, wav             e1 price range is approximately equal to that of wave 5. Daily trendline support sits above wave 5 peak. Entry was placed at the close of previous candle with SL above wave 5 and target at . 382 retracement level. This is an 8.86 R/R trade.
Trade active
Comment: Moved SL to B/E at 1.09361
Trade closed: target reached: +39 pips, while only risking 4 pips
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out