EUR/USD - Will it Do a Wave 5 Down?
I can see a possible ABC on the daily chart.
Within the C down can we see a complete elliott wave down?
If yes, I'd like to trade the Wave 5 down
I call this The Setup 1.
Entry Level: 1.1905
Stop Loss Level: 1.1975
Target 1 is the bottom of wave 3 around 1.1844
Target 2 is the fib 62% @ 1.1737
negatives: Wave C down might be complete.
Within the C down can we see a complete elliott wave down?
If yes, I'd like to trade the Wave 5 down
I call this The Setup 1.
Entry Level: 1.1905
Stop Loss Level: 1.1975
Target 1 is the bottom of wave 3 around 1.1844
Target 2 is the fib 62% @ 1.1737
negatives: Wave C down might be complete.
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