By: Fadi Steitie
Currency: EUR/USD
Trend Expected Direction: Down within a falling channel.
Method: Elliott Waves and Fibonacci Trading.
Description: Ending diagonal seems in progress going toward equality to a 100% of wave (a) upward. Expected ends to this wave is 1.33700 before pair change direction downward! However, I didn't click my short call yet waiting for momentum to run out when trend hits expected level! I will post a follow up later on the same pair to update my followers! Best of luck and stayed tuned! Today economic news are critical for our call!
Recommendation: Short and Hold when price hits or comes closer to 1.33700
Target Area:Open
Stop Loss: 1.3400