Hello everyone, i just closed my AU
position after selling at at the end of intermediate wave 2 because i am expecting a strong pullback in the form of wave intermediate wave 4. It wont be a deep correction but rather a shallow correction by the rule of alternation. Also we have a butterfly pattern
in this very area which is suggesting a pullback. We are only interested in selling this pair.
Video analysis of this setup : https://www.youtube.com/watch?v=OD36MIeDWsE