EWA-tokyo

EURUSD, Elliott wave analysis

Short
OANDA:EURUSD   Euro / U.S. Dollar
An overview of my Elliot wave was shown on January 27th.

This time, I focused on the sub wave of wave(iii) shown in the orange line.
I showed on the sub wave of wave(iii) in the black line.
I think that the sub wave “(iii)-2” finished.
If the assumption is correct,
The Wave “(iii)-3” will start soon.

The wave “(iii)-3” will grow to the levels of 1.110(1.618)-1.100(2.00).
In this scenario, stop loss level is 1.146-1.151.

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