We have a completed leading diagonal in higher degree wave (1) after wich price fell in a complex WXY correction down to 1.278.
The fast move following this wave (2) and break of upper channel confirms the bottom is in place.
This might be a wave 1 of smaller degree and we are currently in wave 2 wich should find support near 1.291 to 1.300.
You can short this move down but I don't recommend it as corrections are really frustrating.
The profit potential is (if 61.8% retracement is reached) around 200pips.
Where as the profit potential of an upside move are more than 500pips and those moves are way faster and cleaner than corrections!
The fast move following this wave (2) and break of upper channel confirms the bottom is in place.
This might be a wave 1 of smaller degree and we are currently in wave 2 wich should find support near 1.291 to 1.300.
You can short this move down but I don't recommend it as corrections are really frustrating.
The profit potential is (if 61.8% retracement is reached) around 200pips.
Where as the profit potential of an upside move are more than 500pips and those moves are way faster and cleaner than corrections!
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。