Hi,
Even if we were little bit wrong about the length of this Y-leg weeks ago, we still did trade this Y leg and almost caught all this move down to 1.2055.
Our target was 161.8% of ab and 123% of W-leg which was exactly 1.2055 and we got out at 1.2070 on our chat room last week.
Now we believe the WXY correction is completed and our previous target we had on weekly and daily is still the target we aim for. Break of the previous low at 1.2050 will ofcourse invalidate this bullish target.
Good Luck to you all !
Even if we were little bit wrong about the length of this Y-leg weeks ago, we still did trade this Y leg and almost caught all this move down to 1.2055.
Our target was 161.8% of ab and 123% of W-leg which was exactly 1.2055 and we got out at 1.2070 on our chat room last week.
Now we believe the WXY correction is completed and our previous target we had on weekly and daily is still the target we aim for. Break of the previous low at 1.2050 will ofcourse invalidate this bullish target.
Good Luck to you all !