*I recounted waves.
✅ WHERE WE ARE
Because the price broke this week's high(1.3776), the bullish waves have begun, it is thought.
Those bullish waves have to be the correction waves(ABC or 12345) though,
pullback is expected from 1.3797(Fib38.2) up to 1.3876(Fib61.8) and there is the good resistance line around Fib61.8(Pink).
So if we wanna buy, we must wait for 4(lime). After lime 3 hits, 4 must be recognized to buy with Fib levels and trend lines.
On the other hand, If the yesterday's low(1.3694) should be broken, it would mean that the bearish waves have begun.
Thus, Stop of long at 4 must be 1.3694.
I don't know well so I'll wait and see how the price moves today.
It wouldn't be too late to trade after some strong confirmations.
At least if the price goes to 1.3876(Fib61.8), I'd sell at there.
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
✅ WHERE WE ARE
Because the price broke this week's high(1.3776), the bullish waves have begun, it is thought.
Those bullish waves have to be the correction waves(ABC or 12345) though,
pullback is expected from 1.3797(Fib38.2) up to 1.3876(Fib61.8) and there is the good resistance line around Fib61.8(Pink).
So if we wanna buy, we must wait for 4(lime). After lime 3 hits, 4 must be recognized to buy with Fib levels and trend lines.
On the other hand, If the yesterday's low(1.3694) should be broken, it would mean that the bearish waves have begun.
Thus, Stop of long at 4 must be 1.3694.
I don't know well so I'll wait and see how the price moves today.
It wouldn't be too late to trade after some strong confirmations.
At least if the price goes to 1.3876(Fib61.8), I'd sell at there.
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
