It seems we have an opportunity to LONG this pair, based on Elliott wave count on a wave 3 minuette time period and breakout of structure including use of 0.50 ~ 0.618 fibonacci, which both line up. Stochastic indicates a small move down before moving upwards and MACD 4C indicates the finalising of wave 2 minuette in preparation for a wave 3 minuette.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
Please do not trade this chart if you do not have your own strategy. Trade only with your own strategy.
Some very wise words: Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP ! :::::.....
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
Please do not trade this chart if you do not have your own strategy. Trade only with your own strategy.
Some very wise words: Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP ! :::::.....
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Comment:
Market still moving slowly (mostly in a corrective factor)... lets wait until Pres. Trump enters the whitehouse, then we should see some significant movement in the market.