glennmercer
Short

EURUSD UPDATE: Fourth Wave Continues

FX:EURUSD   Euro Fx/U.S. Dollar
Hey traders! Hope all is well. Just dropping in for another quick update on EURUSD             .

Here is a link to my previous count:
EURUSD Wave Count:  More Downside After Triangle Breakout

Wave-3-of-(5) has completed as predicted out of the symmetrical triangle and found support near long term lows as we would expect from the wave count. Now, I expect further sideways movement in this area with a possible break to the downside coming within the next week or so. When that impulse occurs, I want to sell toward the completion of the fifth wave. I've outlined a few possible scenarios. Good luck and Happy trading!
BabasNumbaOne
3 months ago
You move starts within the next two 10 mins candles! Don't forget your helmet when you take the right candle !

Details :
Entry : 1.06408
SL : 10 pips
TP :125 pips.

Let's hope everything goes well.

DXY is in our favor !
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BabasNumbaOne BabasNumbaOne
3 months ago
Nice to see you back Glenn. I will start posting very soon too!. My real job will slack soon !
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glennmercer PRO BabasNumbaOne
3 months ago
@BabasNumbaOne, Great to be back, Nice analysis!
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BabasNumbaOne
3 months ago
I am in another one too USDCAD.:
Entry : 1.34318
SL : 12 pips
TP 1: 1.34760
TP 2 : We will see.

Can you analyze this one too? see if our opinion matches ?
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BabasNumbaOne BabasNumbaOne
3 months ago
Forgot something : EURUSD: Short, USDCAD : Long
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Ryang71179
3 months ago
Does trading view have any indicators for elliott wave? Or do you count it all out?
Reply
glennmercer PRO Ryang71179
3 months ago
@Ryang71179, It's done manually. All EW indicators I've encountered have been vague and inaccurate. Also, some traders argue that EW counts are subjective anyway. Cheers!
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