EURUSD (Bearish Impulse) - Daily
At left side ABC pattern was completed which gave us that Elliott Impulse for completion at top, now we got a Double Top with 2618 setup
- double top
- measure impulse
- retracement at 0.618
- TP at -0.27 and -0.618
Double Top + 0.618 = 2618
I expect price to be bearish at this point.
Good Trading. -Daily Chart
- double top
- measure impulse
- retracement at 0.618
- TP at -0.27 and -0.618
Double Top + 0.618 = 2618
I expect price to be bearish at this point.
Good Trading. -Daily Chart
Note
Price reacted exactly at 0.618Good Trading. -4h Chart
Note
Inside consolidation in 4h ChartTrade closed: target reached
-1.618 has been reached!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.