EUR/USD 4 Hour Chart Trading Plan

A possible end of a wave 1 or 3 on a daily chart, Is it time to go down?
According to Bill Williams' five magic bullet, it will end a trend.
      1. A divergence between the AO and the price
      2. Target zone around 1.3259 - 1.3610, Current High @ 1.3260
      3. Squat Bar or a divergent bar
      4. A change in momentum
      5. A fractal has developed

Alright I'm in position now, SELL @ 1.3130, STOP LOSS @ 1.3235 (previous 5 bar high)
We'll see how it goes, wish me luck : )

cut loss my position @ 1.3219 (previous 5 bar high), Total Loss = -89 pips

hmm... need to review my elliot wave count again... : )

oopss, just found out that the length of wave 3 should be the longest, so my previous count is wrong hehe....

Let's try the new count, the new target zone would be around 1.3423- 1.3646, hoping to find a bullish divergent bar at those area and hoping for a trend reversal, entering a wave 2...

Now Euro should be on the start of wave 5 (of a larger degree wave 1)...

We'll see how it goes : )