FETUSD Elliott wave count

Updated

Watching for evidences wave (iv) ended 1.44. Price bounced nice into the median line of the channel.
I will post intraday counts soon.
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Note

Price action still favor a move to the downside aiming for next support zone formed by 0.5 fib retracement and equality between wave a and c.
Below 1.75 we allow to unfold wave v of c of (iv).
Also oscillators starts diverging and signal a possible shift to the upside soon.

Note

Watching for evidences wave (iv) ended 1.22 right into 0.5 fib retracement and equality between waves a and c.

Note

Above 1.10 and clearing mid line of decelerating channel we are looking to complete wave (v) of ((iii)) with possible target 1.618 fib extension aiming above 8 USD.

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