this is based on my previous forcast that this correction is about to end and it has been ended as ending diagonal.
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bigger picture of what i see and why i think its going upside for mid term
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its in the correction and break above the correction is a trigger for long setup.
it seems that flat type of correction has not complete yet, but because we have NFP today, it may break above the correction earlier.
it seems that flat type of correction has not complete yet, but because we have NFP today, it may break above the correction earlier.
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Long entry setup.
tonight is FOMC meeting which is a fundamental news, it can makes huge moves to both sides, so for long side I have entry order but I don't interested in short side. If it moves to down, I don't want to be in it until I see a correction and changing in structure.
tonight is FOMC meeting which is a fundamental news, it can makes huge moves to both sides, so for long side I have entry order but I don't interested in short side. If it moves to down, I don't want to be in it until I see a correction and changing in structure.
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is it forming an irregular failure flat..? I hope so, because if its true, we will have a huge wave to the upside. if not, we are going for some kind of complex correction.
