Price Action with Volume, Ellott Wave etc. on EURUSD
Elliott Wave on 4hrs TimeFrame
The 4rth Wave can not less than 1.14204 in this case,
Weekly Timeframe for Longer View
The Primary Trend: UP
Up-Breakout (Trend changing Pivot point): 1.20500
TimeCycle : not clear vision
Important Numbers to be remembered on weekly chart
Paramount Underline(i): Selling is valid with using a stop to loss 1.21225 above
Targets 1.35800/1.39100 after up-breakout
The Price Action with Volume Theory:
Condition for Sellers: The price must be close to 1.17539 below + must be surged volume more than avg. volume.
Series of Tails: U-Turn confirmed
First target 1.14987 next candle.
The 4rth Wave can not less than 1.14204 in this case,
Weekly Timeframe for Longer View
Up-Breakout (Trend changing Pivot point): 1.20500
TimeCycle : not clear vision
Important Numbers to be remembered on weekly chart
Targets 1.35800/1.39100 after up-breakout
The Price Action with Volume Theory:
Series of Tails: U-Turn confirmed
First target 1.14987 next candle.
Kommentar:
Target achieved perfectly.