Possible impulse wave on EURUSD
Hello world,
theory:
another possible impulse wave.
We have:
- a proper looking bullish Elliot impulse wave setup
- price action at (possible) peak level
- highly overbought RSI
What I am waiting for:
- waiting for 4 to turn at channel boundary
- possibly choppy (perhaps even wedgy) wave 4 correction
Happy for feedback.
All the best,
c4ss10p314
theory:
another possible impulse wave.
We have:
- a proper looking bullish Elliot impulse wave setup
- price action at (possible) peak level
- highly overbought RSI
What I am waiting for:
- waiting for 4 to turn at channel boundary
- possibly choppy (perhaps even wedgy) wave 4 correction
Happy for feedback.
All the best,
c4ss10p314
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