Thursday, April 20, 2017

#EURUSD 4 HR Elliott Wave Update

#EURUSD 4 HR Elliott Wave Update

Trade Thoughts - Short at 1.0777 against 1.0906 as mentioned in previous post.

Target - Below .9400

The EURUSD has reversed from the 61.8 retrace of the previous wave down and the 161.8% extension for the C wave.

The reverse is looking impulsive but may end up as another nested 1-2 on a smaller time frame. 

#EURUSD 4 HR Elliott Wave Count

#EURUSD 4 HR Elliott Wave Count
#EURUSD 4 HR Elliott Wave Count