Elliott wave analysis of EURUSD

Προσπάθεια αντίδρασης
October 16, 2018
Η μάχη συνεχίζεται
October 18, 2018

Good day to all. I believe EURUSD is at a very important bottoming point of a wave 2(B). There are high probabilities that wave 2(B) is complete and the first minor waves of wave 3(C) have already started to unfold.

I’m bullish EURUSD s long as prices are above the short-term red trend line support. I will be increasing my long exposure on a break above 1.1620 and 1.1810.

Alexandros Yfantis
Alexandros Yfantis
Fascinated by financial markets, studied International Securities Investment and Banking in the UK, works as a Portfolio Manager in Greece and runs a technical analysis website. Enjoys travelling and spending time with his family and preparing for the black belt in Korean Karate.