A EURUSD big picture overview I see a reversed H&S break- Target 1.081 - lower LT trendline. We have some support now @ 1.1309 but we are still doing LH & LL.
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I have a little Elliott Wave dilema here...
I don't think Interm Wave C is completed yet, especially in time. RS level at 1.148 and the downtrendline.
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EURUSD again at resistance and trading between the 2 Mov Avg. What are we going to do? Break up or going back down ?
Trade closed: stop reached
BO on the upside my OPS has been reached.
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Trade closed: target reached
Here is an update of mu prediction target I made in NOV 2018 !!!
We reached our the target of 1.081 and we are near a longtime support line.
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Mu target of 1.081 was wright on the money. I only didn,t expect this fast move up. We are now at a LT resistance point and the rubber band is very extended.
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Here an update of my targets for the EURUSD. As my target i gave in NOV 2018 of 1,081 got hit and was a nice support zone for a BUY . Price changed to an uptrend and broke even a LT downward trendline. As you can see an the chart we are now trading at a resistance zone now, if we make NH we could go for and Extended 5th Wave see the chart for the target line.
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