This is my Elliott wave idea about EURUSD on the 1D chart.
This idea is the same as Sep 14th.
Now we are in sub-wave (5) (Red) of wave C (Black).
I think sub-wave 2(Blue) of wave 5(Red) is complete and sub-wave 3(blue) has started.
4h chart, Sep 22th
If the assumption is correct,
The wave (5) will grow to the levels of 1.090-1.080.
In this scenario, the stop loss level is 1.111.
This idea is the same as Sep 14th.
Now we are in sub-wave (5) (Red) of wave C (Black).
I think sub-wave 2(Blue) of wave 5(Red) is complete and sub-wave 3(blue) has started.
4h chart, Sep 22th
If the assumption is correct,
The wave (5) will grow to the levels of 1.090-1.080.
In this scenario, the stop loss level is 1.111.