Bearish pattern and the Initial Jobless Claims for USD seems positive for the Dollar, i believe in further down trend for the EUR/USD. I made a short entry around 1.22 /w my eyes on 1.2145 area.
Idon't believe in an rally of bitcoin anymore and entered a short at 341 /w eyes on 305. Stop-loss would be in about 350 area.
Long entry on 1.4410, target is 1.4525, while i set my stop-loss on 1.4350.
After hours and hours of waiting the bulls finally broke the trend; looks like time for a bull rally
Begin of new Elliot wave making higher highs and higher lows? First wave should around 148.25 then wave 2 would be an retracement to around 147.50, 3th wave end up around 148.65?
I believe the EURGBP is Continueing it's Elliot wave finding support at 0.7883 making lower lows and lower highs ending wave 5 around 0.7850?
I believe the EURD USD is continuing it's Elliot wave finding support at 1.24 then finishing an irregular flat correction up to 1.2530.
Next possible scenarios, BEWARE; NO consideration have been taken related with news!
Entered short on 0.9690 w/ target on 0.9640
Entered long on 1.2395 w/ target on 1.2450
Placed an order at 102.95 w/ target on 103.50
entered at 1.90, set second order on 1.9165 w/ target on 1.8865
Down retracement w/ enough momentum to push back through resistance, making new highs?
Retracement confronting resistance w/ low momentum. target 147.25
Retracement testing strong support, bearish behaviour. target 118.35