wave 1 was as expected and wave 2 was deeper than expected and is now retesting the trendline and it might continue larger timeframe correction.
Comments
Gorbie
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Wave 2 must retrace less than 100% of wave 1 and it usually ends at 61.8—76.4 Fibonacci retracement area.
TAS_is_Goliath_Capital_Growth
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Thanks Gorbie. It was an unusual week. I expect an unusual count. Also, There could not be more divergence than there is now. Let's see
AkashGaur
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Hey tas I was looking at the dollar index earlier during the day also I posted a chart on the UJ
I guess any bearish momentum on the index would make UJ fall as well
TAS_is_Goliath_Capital_Growth
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@Fxtoronto, Thanks man. May get to UJ later today.