NeeravYadav

Euro Expecting down move (Elliott Wave)

Short
NeeravYadav Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
Looks like Euro has completed a Complex Wave .b of Wave ii/b and should see a down move from the current level which should be sharp and can take Euro to the white support zone.
If this analysis does not play out then the SL or Invalidation Level is very small, above 1.18043, making this a very low risk and high reward scenario.
Trade closed: stop reached:
Re entry of shorts can be taken if Downside Trigger line is breached with SL a little above Last swing high :
Comment:
Euro : 1H : So far following the arrows as expected, move stops below entry, or according to your money management principles :
Comment:
Euro : 1H : Looks to be in last leg of W.3 :
So far as expected.
Comment:
Euro : 1H : So far exactly following the arrows, book very near to the target zone, book partial profits, if not full, trail remaining withing profit zone as per your Risk Management :
Trade closed: target reached:
Euro : 1H : Looks like W .c is complete and we are moving up for W.iii/c :

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