I am coming back to the original structure.
Wave C as an impulse (last wave of a flat on D1).
Wave 2 of C is a running flat.
Wave 4 at this point is a simple zigzag (btw - upside move declined by the overlap, bringing more confidence in a corrective nature of the last local move up).
If so, target for the wave C is 1,0940.
So far I don’t have any trades and if price goes as I expect, I will buy at the indicated level.
Good luck!
Wave C as an impulse (last wave of a flat on D1).
Wave 2 of C is a running flat.
Wave 4 at this point is a simple zigzag (btw - upside move declined by the overlap, bringing more confidence in a corrective nature of the last local move up).
If so, target for the wave C is 1,0940.
So far I don’t have any trades and if price goes as I expect, I will buy at the indicated level.
Good luck!
