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aibek
Feb 20, 2018 8:12 AM

EURUSD. Possible expanding flat. Target 1.2200-15 Short

Euro Fx/U.S. DollarFXCM

Description

euro is in possible expanding flat correction.
targets 1.2200-15 where the wave A finished, but could surpass it.

Comment

Updated labelling and moved the target higher to 1.2228-1.2240
as I calculated accurate ratio between wave A and C

Comment

The pair is in a corrective structure with last wave C underway
It could hit between 1.2352 and 1.2380 before another drop occur

Comment

Still consolidating

Trade closed: target reached

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