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DavionL DavionL EURUSD, W, Short ,
EURUSD: EURUSD Possible break down in near future
165 0 5
EURUSD, W Short
EURUSD Possible break down in near future

Base on 3 Elliot's wave rules, 1) wave 2 never go beyond or above wave 1. 2) wave 3 is the longest wave. 3) wave 4 does not enter into the same price territory as wave 1. The elliot wave is drawn as shown. Price has formed wave 4 through a double zigzag corrective patterns, 2 possible scenarios for next coming weeks would be: i) price continue to be in the ...

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