victormcastanonc

EURUSD 4H Elliot, Fibo, Divergence SHORT TP1 1.1430 TP2 1.1250

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FX:EURUSD   欧元/美元
EURUSD 4H Elliot Divergence SHORT I consider wave (B) and C are already finished, wave (B) made it back to 23.6 of Fibonacci retracement, waiting for wave (C) to be form with a TP1 1.1430 which is the same price amount for both wave (A) and (C) or TP2 1.1250 which was the TP i first considered after the SHS, even though i don't considered it as a result of the SHS i still think it's a good target for wave (C) as the 1.618 extension of wave (A). I'm aware that wave 4 overlaps a little with wave 1, but it's only the shadows and also many authors consider that intraday charts in highly leveraged markets as Forex is don't have to follow that rule.
My previous 1D Analysis below, just little adjustments
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