This is a flow up for this idea from 23 days ago:
We got a bearish reaction (in 3 waves) as expected, but then the market retraced
around 90% of the fall in 3 waves, which give this price action a look of a flat.
The market should now drop in 5 waves and at least challange the 1.95 level,
but it could go lower.
We got a bearish reaction (in 3 waves) as expected, but then the market retraced
around 90% of the fall in 3 waves, which give this price action a look of a flat.
The market should now drop in 5 waves and at least challange the 1.95 level,
but it could go lower.