This pair is making a big ABC (or WXY) correction that may be over very soon.
Price is getting closely to the 0.61 fib retracement.
We see also an AB=CD pattern and a previous wave 4 that could act as resistance. A corrective channel is also in play.
Cloning tecnique (my new toy) also working fine here (see below).
If price gets to this area it will be a killer trader.
Best regards.
Price is getting closely to the 0.61 fib retracement.
We see also an AB=CD pattern and a previous wave 4 that could act as resistance. A corrective channel is also in play.
Cloning tecnique (my new toy) also working fine here (see below).
If price gets to this area it will be a killer trader.
Best regards.