Elliott Wave Analysis : EURUSD Still Bearish

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    EURUSD is again trading at the lows, but at the moment it's not clear enough if red wave 4) is completed or no. We need to keep in mind that wave 2) was sharp so red wave 4) can be more complex, that's why we are tracking idea of a irregular correction which means that 1.0800 can still be tested before downtrend may continue to 1.0480. EURUSD, 4H

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