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madsroland

C-wave in the making, before the next impulse up

Euro / U.S. Dollar (FX:EURUSD)  
madsroland Updated   
FX:EURUSD   Euro / U.S. Dollar
C-WAVE Head and Shoulders weakdollar Elliott Wave shortsetup impulse
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c-wave headandshoulders weakdollar elliottwaves shortsetup impulse
EURUSD could be starting the c-wave very soon. I will be looking for a short entry signal. There is also a nice head and shoulder pattern forming. Which can be used as possible entry point.

Long term I think the EURUSD will go up, because of weaking DXY
Comment:
The C-wave is still forming, it didn't go as fast as anticipated. Currently are at resistance level and if we break the 1.11600 then we will see the c-wave.
Trade active:
Closing in on target
snapshot
When it hits 1.10700 area I will look for a long entry signal

Related Ideas

madsroland
Possible head and should pattern / c-wave
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