FETUSD Elliott wave count

12 juinWatching for evidences wave (iv) ended 1.44. Price bounced nice into the median line of the channel.
I will post intraday counts soon.
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15 juin

Commentaire

Price action still favor a move to the downside aiming for next support zone formed by 0.5 fib retracement and equality between wave a and c.
Below 1.75 we allow to unfold wave v of c of (iv).
Also oscillators starts diverging and signal a possible shift to the upside soon.

17 juin

Commentaire

Watching for evidences wave (iv) ended 1.22 right into 0.5 fib retracement and equality between waves a and c.

20 juin

Commentaire

Above 1.10 and clearing mid line of decelerating channel we are looking to complete wave (v) of ((iii)) with possible target 1.618 fib extension aiming above 8 USD.