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Dr_Analyst
Apr 16, 2020 11:16 AM

EUR/USD Intraday Update  Long

EURO / U.S. DOLLARICE

Description

Please note :
in my last idea

i mentioned that FX:EURUSD is turning bullish now we are correcting our previously mentioned leading diagonal and we can see that we are in final wave down maybe towards 1.0845 -- 1.0830 area then a significant up-rise is highly expected
wish you profitable trades.

Order cancelled

i see that the move to 1.0818 is not a 5 wave structure so it's not wave c , so more downside to come i will colse on break even and wait
Comments
transparent-fx
I will be looking at it from this perspective
Dr_Analyst
@transparent-fx, good , from elliott wave prospective i can count each sub-wave of the leading diagonal and it's clearly 5 waves each . Depending on price action i can understand your concerns but for me i will buy as the ending diagonal ends with stop loss below the leading diagonal . from risk reward prospective with elliott wave count i see the probability is high and risk is low .
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