After the triangle, we may be done with a wave a, however this can maybe be a wave 1 instead of wave a however 118 level is a pivotal level for this pair and it has acted as a resistance many times so we should see more clues before making an assumption. On the other hand, If we have wave a in place we should look for the type of Wave b by which I am what kind of corrective it will be... If we will break 0.236 level and the yellow trend line then the room is open for 38.2 and 50... there is a chance of double top around these levels so break of either highs in wave a or downside to trend line will give us direction..
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Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
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