EURUSD - Likely wave 5 is complete..overall bias is bearish Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 30, 2016 12:29 PM

5th wave drop is complete and you can enter a long trade for the counter trend. However, we are going to wait for the counter trend to finish to allow us to trade with our overall bearish bias to the pair.....

Trade active

⋅ Sep 30, 2016 1:42 PM

Trade closed: stop reached

⋅ Sep 30, 2016 4:22 PM

Comment

⋅ Sep 30, 2016 4:22 PM

Bad end to a good week

EURUSD Elliott Wave