ELLIOTT WAVE EURUSD Daily update

96


EW Trade Set Up daily

minute ((i)) seems finished

H4 scenario 210725:
the price upward movement from 1.1557 area on 17/07/25 has broken decisively 1.1684-1.1705 area but it had not the
strenght to go further so that the lagging span (green line) could break upward the leading span B (red line).
A decrescent high has been registered at 1.1800 area on 24/07/25.

In this new scenario it looks like that the impulsive movement that started from 1.0180 on 13/01/25
finisced at 1.1834 on 010725 in the minute wave (i). (EWO divergence, break down of the upward (ii)/(iv) channel).

So i have to register that a correction to minute wave ((ii) has started

key levels VP area

1.1800
1.1370 POC
1.0850

note :
monitor the price reaction at any supports level: VP area and LVN

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.