shadanfar

EURUSD ===> falling down

Short
FX:EURUSD   Euro / U.S. Dollar
according to elliott wave , I predict to fall 400 pip from high...

Comments

very possible move, the weekly timeframe seems definitely overextended, but the stucture on the weekly is still bullish, it would be best to first wait for a weekly break below the structure before looking for the shorting opportunity :)
+3 Reply
shadanfar transparent-fx
@transparent-fx, in Elliott wave you have two chance enter to market: high risk & low risk. Entering this point is risky but your stop lost is less than normal and if market is going to bullish, you can prepare for short on above level but finally it will be felled.
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Yess i totally agree 🙌 did you sell already?
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shadanfar TheSignalyst
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And looking at monthly time frame I saw a double top with a doji
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shadanfar Rye_Zen
@Rye_Zen, I often analysis charts on weekly time frame and enter on Daily, I don't mind to monthly.
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