peterpel

EURUSD, SELL ON D1, ELLIOT WAVE

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD is on its way to complete Wave 3. Bulls could extend the market last week and it was clear the break of the Rising Wedge was a fakeout.

Scenario

Recommendation: Sell

1. Sell can be activated on 4 hour as there is a rejection on the downward trendline

2. Look for correction on lower time frame and sell after correction has completed

Good Luck

May the market be with you.
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