Euro / U.S. DollarShort
Eurusd Short
Price has completed a corrective phase after the prior impulse structure with an ABC at 10/1/19. It then continued with a downside impulse which was held up by previous support zone at 1.12879, followed by by a zigzag correction for wave ii at 1.15167.
Anticipating a price move towards 1.11151 for a wave iii, if price breaks below 1.14082.
ALTERNATE COUNT:
If the above fails, anticipate a price move towards 1.16531 or 1.17041.
Anticipating a price move towards 1.11151 for a wave iii, if price breaks below 1.14082.
ALTERNATE COUNT:
If the above fails, anticipate a price move towards 1.16531 or 1.17041.
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.