Like I was expecting, this pair made a nice jump out of the large two-wave pullback on a daily chart
If it is wave 1 (completed) and wave 2 unfolding - the scenarios are on the screen.
I closed gradually all the buys, and waiting for a deeper pullback. If not, then will find a place higher on a breakout of wave 1
Seems to be a very modest pullback for wave 2 (should be deep, around 50-62 percent in a zigzag).
Good luck!
If it is wave 1 (completed) and wave 2 unfolding - the scenarios are on the screen.
I closed gradually all the buys, and waiting for a deeper pullback. If not, then will find a place higher on a breakout of wave 1
Seems to be a very modest pullback for wave 2 (should be deep, around 50-62 percent in a zigzag).
Good luck!