EURUSD Elliott Wave Count: Waiting for Bearish Impulse

16 Sep 2016

Hey traders! Here is an updated wave count on EURUSD. I'm looking for a bearish impulse to set off a potential wave-c. My preference is to sell the pullback on wave-ii-of-c and put a tight stop behind the start of wave-i. I will continue to update when waves complete or if I take a trade.

16 Sep 2016

Catatan

As predicted, EURUSD has fallen off into wave-c-of-(Y)! Unfortunately, I was asleep for the break and pullback, but that would've been an excellent opportunity to short against the trendline with a very tight stop and a huge R/R. Hopefully somebody out there got it!