mehdisdt

eu seems going down sharp

mehdisdt Updated   
FX:EURUSD   Euro / U.S. Dollar
9
almost 3 day correction was so complicated and almost so short
even my mind is blown for just 14% retrace that wave 2 made but it is acceptable due to Elliott rule but happen less than we expect
normally in sharp waves we expect small correction .my mind tell me we r going down sharp to 3rd wave but lets don't forget to keep eye on price may be this is another wave 5 inside our wave 1 that is going to be made and will not rush more than 61% fibo .
i m not sure but we know that the totally status in daily is in down trend so i will not be scared to enter this short
Comment:
now i can say that down way was wave 5 . now we r going to see a correction that should just go back to trend line and kiss it around 1.06150 .
plane a
if it cross it to higher you can buy in short term but it is a little bit risky
plan b
if not wait for second correction to done then you can sell with trend
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