EURUSD completes wave ii within 3 waves. After completing wave ii, EURUSD formed evening star pattern on daily chart. So Both Elliott Wave & Candlestick confirm the bearish move ahead. Short EURUSD at market for 1.0800 Level
The 'wave 1' you labeled looks like a corrective structure.
The whole big picture to me is that we are in a big correction for a very long time.
I agree with the downside though. I shorted at your II level give or take and aiming for 1.11+-70 pips.
The whole big picture to me is that we are in a big correction for a very long time.
I agree with the downside though. I shorted at your II level give or take and aiming for 1.11+-70 pips.