FX:EURUSD   Euro / U.S. Dollar
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Elliott Wave Analysis

Trading EURUSD
Hourly Plot

Position SHORT at 1.2420
Take Profit 1.2220
Stop Loss 1.2460

Edited by NSevinc

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Trading EURUSD hourly update
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Realized Loss P&L: -40 Pips
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why it's failed
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a:3-b:3-c:3-d:3-e is b:triangle
from e to B:3 is c:5
a:5-b:triangle-c:5 is B:3

I thought that: c:5 will go to 1.0 trend-based fibo extension of a:5.
But now c:5 is going to 1.618 trend-based fibo extension of a:5.
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Followed.
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