This looks like we have had a clean 5 wave impulse down followed by a 3 wave correction.
I am short from 1.4789 with a stop at 1.4836. Target 1 = 1.4529 Target 2 = 1.4343.
Please also note that the RSI is also turning around from the 60 level.
I am short from 1.4789 with a stop at 1.4836. Target 1 = 1.4529 Target 2 = 1.4343.
Please also note that the RSI is also turning around from the 60 level.
Comment:
Stop moved to break even