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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Thanks
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
Kindly like and follow if you find this analysis useful.
Also, like and Follow to get more updates on this trade and share with friends.
Also feel free to comment if you have a supporting or alternative idea.
Thanks
Note
A correction on the labeling on the chart :Waiting for a bearish candlestick confirmation
Trade active
We have seen a bearish confirm, So trade now active with a stop loss of 50 pips only 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.