Hi Traders, here is my analysis on EurUsd
My method is based purely on Elliot Wave Principles and Price Action.
I’ve added a Key to help you understand my POV on the current price action.
Confirm Buy: (Once price breaks above, I will be looking for the bulls to control the market.)
Confirm Sell: (Once price breaks below, I will be looking for the bears to control the market.)
INVALIDATION (This means my analysis is incorrect and I need to revisit the drawing board) Setup Invalid (market still developing or correcting) 12345 ( Elliott 5 wave impulse cycle
ABC (simple market corrections)
WXY (Complex correction, 2 basic correction)
WXYXZ (Complex correction; 2 or more simple or basic correction) Types of Correctional wave and their internal structure count:
a-b-c
Flat Correction (3-3-5)
Irregular correction (3-3-5)
ZigZag correction (5-3-5)
a-b-c-d-e
Triangles (3-3-3-3-3)
My method is based purely on Elliot Wave Principles and Price Action.
I’ve added a Key to help you understand my POV on the current price action.
Confirm Buy: (Once price breaks above, I will be looking for the bulls to control the market.)
Confirm Sell: (Once price breaks below, I will be looking for the bears to control the market.)
INVALIDATION (This means my analysis is incorrect and I need to revisit the drawing board) Setup Invalid (market still developing or correcting) 12345 ( Elliott 5 wave impulse cycle
ABC (simple market corrections)
WXY (Complex correction, 2 basic correction)
WXYXZ (Complex correction; 2 or more simple or basic correction) Types of Correctional wave and their internal structure count:
a-b-c
Flat Correction (3-3-5)
Irregular correction (3-3-5)
ZigZag correction (5-3-5)
a-b-c-d-e
Triangles (3-3-3-3-3)
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
