We see the price will retrace to 120 level before moving down to 117.50 - We sell this pair at 120 level to book profits at aforesaid level, BUT, it is also possible to grab 100+ PIPS of correction by taking long position from the closing price.
Trade active:
One leg up completed - Now, it is time to go back to 117.50
Comment:
Flat Wave Corrective Pattern - We see a fall
Trade active:
30M TECHNICAL ANALYSIS
Trade active:
Next move would be 120.70
