This is my Elliott wave idea about EURUSD.
It is mostly progressing as expected.
Daily chart, Sep 22th
An overview of EURUSD on 4h chart (Sep 28th).
We are in "sub-wave 4(Blue)" of "wave 5" shown in the Redline.
Soon the sub-wave 4 will be completed and the sub-wave 5 will start.
If the assumption is correct,
The sub-wave 5 will grow to the levels of 1.08-1.09.
In this scenario, the stop loss level is 1.10735.
It is mostly progressing as expected.
Daily chart, Sep 22th
An overview of EURUSD on 4h chart (Sep 28th).
We are in "sub-wave 4(Blue)" of "wave 5" shown in the Redline.
Soon the sub-wave 4 will be completed and the sub-wave 5 will start.
If the assumption is correct,
The sub-wave 5 will grow to the levels of 1.08-1.09.
In this scenario, the stop loss level is 1.10735.
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.
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.