ABC
FINAL ANALYSIS IN EURUSD - 4H CHARTHey Traders,
Just wanted to share what I think is my final analysis on EURUSD.
2 chances
Red: More upside and then complete the 3 wave correction in a sharp shape
Blue: One more down before the C wave.
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Hey Traders,
Solo quería compartir el que pienso será mi análisis final en EURUSD.
2 posibilidades:
Rojo: Continuación al alza para terminar la correción de tres movimientos de manera afilada.
Azul: Un movimiento más hacia abajo antes del tercer movimiento de correción C.
Wave 3 of 3 within wave A. Sell!USDJPY is on an abc correction to the downside. were currently on wave 3 within wave A. And within that wave 3, were also on wave 3. We should see a big drop. News coming out soon as well. should see lots of volatility. use proper risk management. On my chart here i have fibonacci, elliot waves, and pivot points.
ABC Correction To the downsideYesterday I made a mistake on my USDJPY idea. I was thinking it was doing a 5 wave impulse to the downside, but It isnt. USDJPY finished 5 waves to the upside and now we should see an ABC correction to the downside. Its possible wave B has finished, and now well see 5 waves down within this C wave to the downside. Another possibility is that were only on Wave A to the downside. Either way, We should be bearish for a while. I have take profit set around 114.300