EURUSD, short term selll correction setup

Awaiting a candlestick confirmation to short EURUSD,

An extended crab pattern is spotted on h4 and the Elliot wave count on the daily time frame indicates there should be a corrective move wave 4 of wave 3 impulse .

The minimum target is to sell to any point on the valid trend and maximum target is X of the bullish crab

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Kommentar:

A correction on the labeling on the chart :

Waiting for a bearish candlestick confirmation

Trade ist aktiv:

We have seen a bearish confirm, So trade now active with a stop loss of 50 pips only