Time will bring clarity - ElliottWave Analysis
This is an update for my previous idea tradingview.com/v/HVvRrjfe/
Todays price action was very bullish and completed a five wave decline
which I anticipated: twitter.com/atliveanner/status/474048377488175104
The big question is if the decline was a part of a flat
or the first wave of a new bearish price movement.
A impulsive wave structure that breaks above the 1.3992 high
would confirm more upside is on the cards.
A advance of corrective nature that fails below 1.3992
and takes out the 1.3476 low would invalided the flat idea.
Also, a break below 1.3291 would invalided the alt. bullish
count which you will find below in the comments section.
Disclosure: I have been long the Euro against
the CAD and USD since the 25th and 26th of may.
Follow all my demo trades at myfxbook.com/members/tlkemmy/demo/854232
and follow me on twitter for intra-day updates twitter.com/atliveanner
Good luck!
Todays price action was very bullish and completed a five wave decline
which I anticipated: twitter.com/atliveanner/status/474048377488175104
The big question is if the decline was a part of a flat
or the first wave of a new bearish price movement.
A impulsive wave structure that breaks above the 1.3992 high
would confirm more upside is on the cards.
A advance of corrective nature that fails below 1.3992
and takes out the 1.3476 low would invalided the flat idea.
Also, a break below 1.3291 would invalided the alt. bullish
count which you will find below in the comments section.
Disclosure: I have been long the Euro against
the CAD and USD since the 25th and 26th of may.
Follow all my demo trades at myfxbook.com/members/tlkemmy/demo/854232
and follow me on twitter for intra-day updates twitter.com/atliveanner
Good luck!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.