Hey Traders! Another potential drop lining up for this pair, although it is not certain yet. We will need to wait for a breakout and pullback to enter with a stop behind the base of the final c-wave . Keep an eye out for this one!
Always important to wait for an impulse/pullback on a lower degree! Here's why:
Yeah i know, im just saying that always have trap on the trader way :)
Your analysis was correct, the price is in a DOWN trend and it is making a correction, after correction we have a impulse.
Bus as i said, market some times leaves a trap hehe