Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
EURUSD Completes Elliot 5th Wave Extension
Euro / U.S. Dollar
Long
EURUSD Completes Elliot 5th Wave Extension
By Rookie
Follow
Follow
Updated
Nov 24, 2015
3
1
1
Nov 24, 2015
The
EURUSD
has completed a 5th wave extension ABCDE in the shape of a diagonal triangle correction aka wedge. Long with stop loss below (E).
Nov 24, 2015
Note
Updated with target to account for wedge resistance.
Nov 25, 2015
Note
Remember that this is a falling wedge and the first target of the wedge line may descend.
bounce
correction
Elliott Wave
EURUSD
LONG
Wedge
Rookie
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.