The EURO went deeper during its fourth wave, and the price reached the 38.2% (1.1342) Fibonacci retrace.
The wave “4” red is likely to be over now, here is a new pending order:
BUY STOP EUR/USD 1.1378 STOP LOSS 1.1348 TAKE PROFIT 1.1408
If you want to customize the trade, make sure to target at the previous high 1.1440 and use a 20 PIP trailing stop.
[DAP hasAccessTo=”4″ hasNoAccessTo=”10″ errMsgTemplate=”” ]
We use Elliott Wave to find the direction of the market and the Wavy Tunnel to confirm and trigger the trades. If you are interested in learning more about Elliott Wave and the Wavy Tunnel, please visit: wavytunnelpro.com
[DAP hasAccessTo=”10″ hasNoAccessTo=”4″ errMsgTemplate=”” ]
As a lifetime member of the Wavy Tunnel Course, we recommend that you review the modules again. Access the course here: http://elliottwaveultimate.com/login