Head and Shoulders Last leg of Elliot Wave

FX:EURUSD   Euro / U.S. Dollar
115 1 5
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.
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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out