Dereani
Short

EURUSD 1D; possible Elliott interpretation of a down trend

FX:EURUSD   Euro / U.S. Dollar
https://www.tradingview.com/x/nbBbmlkh/[...

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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