Shun-Jiru
Short

Head and Shoulders Last leg of Elliot Wave

FX:EURUSD   Euro Fx/U.S. Dollar
115 1 4
I don't trade EUSD, but I figure I'd write something about this.
Looks like a good short

It tested the top of the trend line... and now it will go back down to the bottom trend line. I think a target of 1.092 is easily accomplished.

I will target 1.086 as it will approach this resistance. Possibly break through and reach a lower target.
Shun-Jiru
a year ago
haha this will be the last time i make a prediction on EU. I am no good at predicting Euro. I guess I'll just stick to what I know... UJ.

When the right shoulder didn't complete I knew something funny was going on I had a tight Stop at 1.1050 so I didn't lose anything. It looks like a good short now.
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