EURUSD 1D; possible Elliott interpretation of a down trend

Short

Euro / U.S. Dollar (FX:EURUSD)

Updated

FX:EURUSD Euro / U.S. Dollar

Trend Analysis Chart Patterns Wave Analysis EURUSD dailychart Pin Bar correction

trendanalysis chartpattern waveanalysis eurusd dailychart pinbar correction

snapshot

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In this interpretation important (shallow) WXY correction is already over and down trend is continuing (that is main thing). Looking for shorts seems reasonable. Recent pinbar is massive and on important spot. Support becomes resistance.

Picture tells more than a thousand words.

Enjoy

Comment:

After Fridays (3.5.2019) close the price failed to push lover, so short idea is currently not so good. Also wave labelled C obviously didn't end nothing (should be B or X) ... Time for another interpretation.

Enjoy

Comment:

Anyway the count is not good and I did manage to realise it.

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