Euro / U.S. Dollar
Short
Updated

Euro Expecting down move (Elliott Wave)

315
Looks like Euro has completed a Complex Wave .b of Wave ii/b and should see a down move from the current level which should be sharp and can take Euro to the white support zone.
If this analysis does not play out then the SL or Invalidation Level is very small, above 1.18043, making this a very low risk and high reward scenario.
Trade closed: stop reached
Re entry of shorts can be taken if Downside Trigger line is breached with SL a little above Last swing high : snapshot
Note
Euro : 1H : So far following the arrows as expected, move stops below entry, or according to your money management principles : snapshot
Note
Euro : 1H : Looks to be in last leg of W.3 : snapshot

So far as expected.
Note
Euro : 1H : So far exactly following the arrows, book very near to the target zone, book partial profits, if not full, trail remaining withing profit zone as per your Risk Management : snapshot
Trade closed: target reached
Euro : 1H : Looks like W .c is complete and we are moving up for W.iii/c : snapshot

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