tableau_simplex
Long

EURUSD end Elliott 5 wave pattern down. Correct to wave 4 up?

FX:EURUSD   Euro Fx/U.S. Dollar
MTPredictor finished 5 way sequence down into important low. I am waiting rally up to decision point of wave 4 high because markets have tendency to correct up wave 4 decision point after end of 5 wave sequence. I am waiting resistance somewhere in 1,1263 level.
snapshot


This was the first succeed trading idea after 3 losing trades in a row. I count this as R/R 4.
So after 4 trading ideas i have total +1 Reward units.

After winning trade, EURUSD did complete wave 3 of 5 wave sequence and also hit the resistance Decision Point. I am supposing markets to correct into wave 4 to make higher lows.
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out