Closed short. On 1 h chart I can easily count an impulse from 3637 We could now be in a Wave 5 of this upmove. Wave 4 concluded at 3762 (that down wave was on nearly all reasonable timeframes rather corrective than impulsive). In this developing ...

EURUSD

If this is the top of wave 2 (of 5 down), then we have easy sailing from now on because of nearly 100% retracement of wave 1. Wave 4 should then be very shallow (rule of alternation)

EURUSD

EUR bulls can not afford to lose 1.3794. So this might a desperate move to get back into range

EURUSD

OK, call me crazy. Short here.....

EURUSD

Out, waiting.......

EURUSD

On minutes I see one more upmove possible

EURUSD

and short one more, tight SL

EURUSD

Maybe one small new upmove is in the cards....

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Short here....

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You got it..... :-)

EURUSD

Hello Nawafasad, thanks for your question. The answer is, that there is a valid Elliott Wave count, which would allow a new high. See attachment. I have searched the last days to eliminate the need for this down/up sequence and I found the solution ...

EURUSD

This number comes from Elliott Wave International ( url ) and they got their numbers from trade-futures.com (Jake Bernstein)

EURUSD

EW Count update — Hello folks, this evening I received a letter from Forex Factory which was entitled "Infraction Received". I don't know what the problem is. Maybe they don't like it, when I post my blog address here. I sent them an email, ...

EURUSD

am short here

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Long at 1,3677

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Buying here

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Maybe we have the first wave 1 and two behind us, even when I don't like that count on 5min and 30min

EURUSD

Sh!t... Played out like I first thought. When it stays above 1.3678 up for wave 5. Long here at 1.3688 with SL at 1.3676

EURUSD

Closed. Waiting. Don't like PA Think short scalp here could play out

EURUSD

Long here......, on 1min chart I can count an Impulse (so we are in wave 5 now), BUT 5 min is a pain :-(

EURUSD