03092018 EURUSD

Updated
If this Elliott Wave count is correct, EURUSD is heading down to complete wave 5 of 5 of A in an 'Ending Diagonal' pattern.

Details as shown on chart.

-------------------------------------
Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.

Supplied information is not advice.
--------------------------------------
Trade active
Heading down to 1.1200 (Wave 5 Green on main chart)

snapshot
Trade active
Price moving lower

snapshot
Trade active
1. Wave 4 crossed Wave 1 territory by wick.
2. RSI still within downwards channel.

snapshot
Trade active
Wave count still valid

snapshot
Trade active
Still running on counts

snapshot
Trade active
Extended correction for Wave 4 (white) compared to last count.

snapshot
Trade active
Slight change in wave count as more data gathered. I'm still bearish.

snapshot
Trade closed manually
A recount initiated. New chart at link provided below.

EURUSD - 20092018 EURUSD -
20092018 EURUSD
Elliott WaveEURUSDrajeh13Wave Analysis

Also on:

Disclaimer