I've posted so many different and conflicting counts. Now this is the final picture as I see it. Longs are taken @ 1.09. There may be more space downside, but in the end, our skyrocket is ready to take off.
Happy trades!
CORRECTION:
The counting is wrong. I was so sleepy as I publish the idea. Count it as a diagonal, then we're on the same page.
CORRECTION:
It seems we have to change the deal a bit. The downward move might have been the part of an impulse, which will be the A of a zigzag. So now it's best to get off of the train as the 4th leg has done its job. Below is the new counting.
RESULT:
1st half of the 1st trade: +10 pips in 1 hour
2nd half of the 1st trade: +15 pips in 1 hour
2nd trade (the short after the flat): +40 pips in 3 hours
3rd trade: +55 pips in 24 hours.
Happy trades!
CORRECTION:
The counting is wrong. I was so sleepy as I publish the idea. Count it as a diagonal, then we're on the same page.
CORRECTION:
It seems we have to change the deal a bit. The downward move might have been the part of an impulse, which will be the A of a zigzag. So now it's best to get off of the train as the 4th leg has done its job. Below is the new counting.
RESULT:
1st half of the 1st trade: +10 pips in 1 hour
2nd half of the 1st trade: +15 pips in 1 hour
2nd trade (the short after the flat): +40 pips in 3 hours
3rd trade: +55 pips in 24 hours.
