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TheElliottWave
Aug 18, 2018 3:50 PM

20180818 EURUSD - Expecting Wave 5 soon Short

Euro Fx/U.S. DollarFXCM

Description

Wave 4 ZigZag completing soon, continuing then the bearish trend for a last time.

Trade closed manually

Changed my mind:
Comments
TheElliottWave
@omidtrader1367 I think you're right. If I see the alternative count, seems that Wave A has finished:
TheElliottWave
Thanks @omidtrader1367, could be. However I don't see an impulsive wave structure before for another wave 1. So let's see. Thanks for your input, I will consider it.
omidtrader1367
the final wave u counted 1, 2 and 3 could be a ending diagonal and in this case eurusd finished its final 5 wave in form of a diagonal...invalidation level is 1.1533 as you said in you chart and its very possible to be touched soon...selling this pair now could be really risky...
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