- There is three waves rising correction
There is a sideways triangle.
There is a break-up of this triangle.
If I am right, then the next falling correction to the Fibonacci retracement zones. This evidences will create the buying juncture.
My target objective around 1.12 and the critical level lies 1.0870. In this perspective, the RR is around 3:1!
Now patiently I am waiting for corrective movement(sideways Flat, Zigzag etc) and a bottom around Fibonacci zones. These pieces of evidence will strengthen my idea and create trading juncture!
