EURUSD Short Trade Setup

מעודכן
Hello traders.

After the sharp fall, EURUSD is making a correction. I hope it will go up one more time and create better corrective structure, so I can find a better entry. I have put an entry order under the previous bottom. If it falls, I will be in the trade. Target is not clear yet. Down move can be weekly correction or weekly down impulse. It's too early to say.
עסקה פעילה
הערה
It broke the trendline with an impulsive drop. If you don't have this trade, wait for a small correction before selling it.
תמונת-בזק
הערה
I have changed my short-term forecast. I think the up move is the C wave inside of the corrective structure. So, I'm waiting for a correction to close my trade. My medium-term forecast is still down.
תמונת-בזק
הערה
Move stop loss to the previous top or breakeven. It's in the middle of nowhere. Both directions are very possible. I believe up move is more likely.
Elliott WaveEURUSDmedium-termshorttradeWave Analysis

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