Elliott Wave Free Forex Signal

Currency pair = Euro vs US Dollar.

Time Frame = 4 Hours for Medium Term Trade

EUR/USD Entry Signal = Pending Sell Limit at at 1.5740-1.5750 area and Buy Limit at 1.5610-1.5635 area.

Calculated Risk Level = 2.91 + for Buy signal and 0.83 + for Sell signal.

Buy Signal Target Profit = 1.5720 for first and 1.5810 for last. Sell Target = 1.5700 for first, 1.5650 for last.

Stop Loss at 1.5570 area for Buy signal and 1.5790 area for Sell signal.

Additional Strategy = Current impulsive is so strong, as what we expected for wave 3. There is an opportunity for counter trend but still it is very risky. We set pending sell as a signal but again sell position is not advice at this time as risk level is very high. Still our projection for wave 3 seem to be archived.

Illustrated EUR/USD Elliott Wave Analysis:

Elliott Wave Signal Summary :-

AUD/USD Elliott Wave signal - Buy Stop at market price at 0.9410 area. Sell limit at 0.9500-0.9510 area.
Exit / Stop Loss = 0.9340 area for Buy Signal and 0.9540 for Sell signal.
Target profit for buy 0.9510 and if market extend next target will be at 0.9630. Sell target = 0.9400 for first and 0.9350 for last.
Position= Take profit at 0.9490 for a profit of +80 pips
Additional Strategy = wait for next signal.

EUR/USD Elliott Wave Signal - Pending Sell Limit at 1.4830 area and Buy Stop at 1.4850 area.
Stop Loss for Sell Signal = 1.4900 and Stop Loss for Buy Signal = 1.4780.
Target for sell = 1.4760 for first, 1.4630 for second and 1.4510 for last. Target for Buy Signal = 1.4910 for 1st, 1.4970 for second and 1.5070 for third and 1.5200 for last.
Position = Our Sell position has been dragged up to 1.4870 area for - 40 pips .Our Buy position has reached the final target today for a profit of + 420 pips.
Additional Strategy = Wait for next Eur/Usd Elliott wave Signal Update.

GBP/USD Elliott Wave signal - Pending Buy Stop at 1.9500-1.9505 area and Sell Limit at 1.9580 area.
Stop Loss at 1.9400 area for Buy signal and 1.9640 area for Sell signal.
Buy Signal Target Profit = 1.9570 for first and 1.9610 for last. Sell Target = 1.9500 for first, 1.9380 for second and 1.9290 for last.
Position= Pending Buy Stop (1.9500) has triggered and our second target(1.9610) has been taken for a profit of +110 pips. However our Pending Sell Limit get stopped out for - 60 pips losses. Current impulsive indicates that wave c up still not completed.
Additional Strategy = Wait forl next update.

NZD/USD Elliott Wave signal - Pending Buy Stop at 0.8000 ( Continue from previous NZD/USD Elliott Wave Signal) and Limit Buy at 0.8030-0.8050 area . Pending Sell Stop at 0.7930 area.
Stop Loss for Buy Signal = 0.7960 area and Stop for Sell = 0.8020.
Buy Target = 0.8100 for first and 0.8190-0.8220 for second and 0.8330-0.8350 for last. Target for Sell Signal = 0.7840 for first, 0.7790 for second and 0.7730 for last.
Position= Take profit on last profit taking advice at 0.8180 for + 200 pips.
Additional Strategy = Wait for next signal.

USD/CAD Elliott Wave signal - Buy Stop at 1.0400 area and Sell limit at 1.0320 area.
Stop for Buy Signal = 1.0270 area and Stop for sell = 1.0400 area.
Calculated Trade Risk Level = 8.33+ for Buy Signal (Medium term) and 1.17+ (High Risk) for Sell Signal.
Target for Buy Signal= 1.0520 area for first, 1.0630 area for second and 1.0700 area for last. Target for Sell Signal = 1.0270 area for first, 1.2020 for second and 1.0170 area for last.
Position = Sell limit taken on 1st April and target archived on the second for a profit of 148 pips+.

USD/CHF Elliott Wave signal - Pending Sell Stop between 1.0920 - 1.0940 area (Continue from previous signal which taken the 1.0940 entry)
Stop loss = 1.1040 area for Sell Signal.
Target point = 1.0800 for first , 1.0750 for second, 1.0670 for third and 1.0580 for Final.
Position = take the last profit taking advice for a total profit of +210 pips.
Additional Strategy = Wait for next update

USD/JPY Elliott Wave signal - Sell Stop at 104.80 area and Buy at Market price at 105.10-105.15 area.
Stop Loss = Above 106.60 area for Sell Signal and below 104.70 area for buy signal.
Target for Sell Signal = 104.00 for first, 103.60-103.30 for second and 102.80 for last. As for Buy Target = 105.70 for first, 106.00-106.40 for second and 107.10 area for last.
Position= Buy Position being stopped out for -40pips and Sell target archived with a total profit of +200 pips .
Additional Strategy : Wait for next signal.

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