Possible C-Wave; Short term Elliotical Approach to EURUSD.
Hello Traders!
1. We see a 5-wave move down, a clear impulse; then Wave A breaking into 5 parts, and then a clear Wave B breaking into further 3 parts.
2. We see a running triangle variation forming as shown in the chart and then a 5-move impulse down. Image attached.
3. A 5-move wave up can be clearly seen on the chart in the 15-minute timeframe. That will be our 1st wave.
4. Target can be anywhere between 100% of Wave B and 161.8% of Wave A. That gives us the complete green zone.
5. I've already talked about irregular correction quite in depth in the BTC idea I published recently. The link will be attached.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
1. We see a 5-wave move down, a clear impulse; then Wave A breaking into 5 parts, and then a clear Wave B breaking into further 3 parts.
2. We see a running triangle variation forming as shown in the chart and then a 5-move impulse down. Image attached.
3. A 5-move wave up can be clearly seen on the chart in the 15-minute timeframe. That will be our 1st wave.
4. Target can be anywhere between 100% of Wave B and 161.8% of Wave A. That gives us the complete green zone.
5. I've already talked about irregular correction quite in depth in the BTC idea I published recently. The link will be attached.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
Trade active
Trade closed: stop reached
Comment:
Updated count-
