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Elliottwavecorrection

Divergence USDJPY divergence If anyone is good with elliot wave and rsi divergence please comment. I believe this is known as reverse bullish. would appreciate some input Also found an elliot wave inside my other Elliot wave so since the first correction was pretty close to the mark i guess this one should be pretty close too. I dont pretend to know how long the dollar will drop all i know is the drop is slower than the climb which tells me a lot. I also want to see if friday will continue a down trend. I think the trade will probably go thru the weekend im just gonna set a price order to catch a piece of the spike This is not investment advice
by steveb4088
3
EURUSD Forecast | Elliot Wave forecast for 10 February, 2017EURUSD completed the formation wave as mentioned yesterday. My short-term EURUSD Forecast is bearish. I am neutral waiting for the selling levels. Now I am expecting a move up for the completion of wave . My medium term EURUSD Forecast remains bearish. I am working on two Elliott wave counts and both favour a bearish move in EURUSD. The pair is trading at the intraday support level it can move higher to complete correction. But I do not have any plan to buy it. I am looking for resistance level of 1.729 to go short on this pair.
by Mehreen_Yasin
2