Euro Short term correction before next up move (Elliott Wave)

24 авг. 2018 г.

EUR/USD it looks like a corrective decline for Wave ii/b should soon follow which should be confirmed at the break of the red channel to the downside.
However it needs to be noted that this will only be a corrective move down and hence should be followed by a new Impulse to the upside which should take Euro above Wave i/a high.

More precise levels will become clear once the corrective move is confirmed.

27 авг. 2018 г.

Заметка

So far following the arrows, we wait for the break of orange channel to enter shorts :

29 авг. 2018 г.

Заметка

Euro : Down move seems to have started, shorts can be added with SL above Swing high, expecting move till white support zone :

30 авг. 2018 г.

Заметка

Euro : 1H : Looks like W .a has begun the downward progression :

3 сент. 2018 г.

Заметка

Euro : So far moving as expected :

4 сент. 2018 г.

Заметка

Euro : T1 achieved, W.(3) about to get complete with possibly one more down leg remaining in the same :

4 сент. 2018 г.

Заметка

Euro : 15 min. : As expected, W.(3) complete, moving up for W.(4) possibly as a Zig Zag or a complex correction :

5 сент. 2018 г.

Заметка

Euro : 15 min. : Looks like W.(4) might be continuing sideways, most likely as a Triangle which should be followed by W.(5) down, hence sideways to bearish for now :

6 сент. 2018 г.

Заметка

Euro : 1H : Expected progression of W.(4) as Triangle, if it moves above the LT line then that would mean that the correction is already complete and hence 1.16578 should be taken as SL for shorts for now :

7 сент. 2018 г.

Заметка

Euro : 1 H : Updated Count : W .b either complete or continuing as a Triangle :

10 сент. 2018 г.

Заметка

Euro : 15 min. : Expecting up move for W.C of the Triangle :

10 сент. 2018 г.

Заметка

Euro : Went up as expected but without the deep correction that was expected, the Impulsive move suggests that this may be a W.c up for Flat correction rather then a Triangle, also there is the small possibility that the W .y is already complete and this is the new Impulse to the upside :

11 сент. 2018 г.

Заметка

Euro : 5 min. : W.x/b looks to be continuing :

11 сент. 2018 г.

Заметка

Euro : So far as expected, looks to have completed W.A of Triangle W.D :

12 сент. 2018 г.

Заметка

Euro : 15 min. : Updated Count : W .x/.b still looks to be continuing :

13 сент. 2018 г.

Заметка

Euro : 15 min. : Hypo 1 :
Hypo 2 : W.ii/b is complete and we are going to see a straight up move from here :

13 сент. 2018 г.

Заметка

Hypo 2 : W.ii/b is complete and we are going to see a straight up move from here :

13 сент. 2018 г.

Заметка

14 сент. 2018 г.

Заметка

Euro : Hypo 1 : Update : 15 min. :

19 сент. 2018 г.

Заметка

Euro : 1H : Expected Progression :