Fiber (eur/usd) Bearish Short
1W = Wave 4 completed ABCDE (3,3,3,3,3) triangle
1H= 5 wave down Complete for i , then ABC (3,3,5) to 79% retracement
1H= AO divergence on wave 3 and 5 of C leg of ABC retracement
Good entry would be Break of i on 60 min or Break of D on W1
This is assuming that the ABCDE E leg is finished.
This is my first idea post so I hope the presentation is ok.
Feedback welcomed as I am new to Elliot Wave and Posting here
thanks
1H= 5 wave down Complete for i , then ABC (3,3,5) to 79% retracement
1H= AO divergence on wave 3 and 5 of C leg of ABC retracement
Good entry would be Break of i on 60 min or Break of D on W1
This is assuming that the ABCDE E leg is finished.
This is my first idea post so I hope the presentation is ok.
Feedback welcomed as I am new to Elliot Wave and Posting here
thanks
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