EURUSD one last down move

Short possibilité
SL : 1.175
TP : 1.13 to 1.11

Note

Perfect retest.
If daily closes at current levels ~1.156 or lower, we then have a bearish candle formation giving more confidence in the down move.
In that case, i'll add to my position.

Note

But beware of the 1.15 zone !
If it breaks, i'll add to my position again

Note

Price going as wanted.
Don't make any more entries as there is no good Risk/Reward ratio

Wait for USD to come out giving price the last push down hopefully.

Note

Wait for USD *DATA* today to come out giving price the last push down hopefully

Note

1/3 of profit taken at 1.1315. SL at wave(i) low persists.
Wave 3 was an impulse wich ended @ 1.130
Price went up for a correction as expected.
Now is sitting at the usual retracement levels + divergence occuring.
Wait for reversal, then, enter short.

Trade closed: target reached

Last trade was not launched.
SL reached at 1.153 for the others.
So,
+927pips for first entry
+522 pips for second one,
+343 third,
+184 fourth
-----------------------------------
TOTAL : +1976 pips !!!

ElliottWaveBelgium

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ElliottWaveBelgium