Possible C-Wave; Short term Elliotical Approach to EURUSD.
Hello Traders!
1. We see a 5-wave move down, a clear impulse; then Wave A breaking into 5 parts, and then a clear Wave B breaking into further 3 parts.
2. We see a running triangle variation forming as shown in the chart and then a 5-move impulse down. Image attached.
3. A 5-move wave up can be clearly seen on the chart in the 15-minute timeframe. That will be our 1st wave.
4. Target can be anywhere between 100% of Wave B and 161.8% of Wave A. That gives us the complete green zone.
5. I've already talked about irregular correction quite in depth in the BTC idea I published recently. The link will be attached.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
1. We see a 5-wave move down, a clear impulse; then Wave A breaking into 5 parts, and then a clear Wave B breaking into further 3 parts.
2. We see a running triangle variation forming as shown in the chart and then a 5-move impulse down. Image attached.
3. A 5-move wave up can be clearly seen on the chart in the 15-minute timeframe. That will be our 1st wave.
4. Target can be anywhere between 100% of Wave B and 161.8% of Wave A. That gives us the complete green zone.
5. I've already talked about irregular correction quite in depth in the BTC idea I published recently. The link will be attached.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
Transaction en cours
Trade fermée: ordre d’arrêt atteint
Note
Updated count- 
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.