I see the potential for a larger C down to complete a structure before we get another impulse higher
My previous GU idea hit the target 100fib, Now looking at H1 we have bear divergence and bounce off 100fib in wave C of larger B wave.
Wave C up has not confirmed its over but I'll be looking for TL break and bear flag on lower TF to confirm more downside to come. A break of the 1.3300 high (yellow line) will negate this setup
I will only be looking for Buys if the 1.3300 top gets broken
If you would like to see more trade setups like this, hit the follow button, If you like my analysis, hit the thumbs up so others get the chance to see this potential setup.
My previous GU idea hit the target 100fib, Now looking at H1 we have bear divergence and bounce off 100fib in wave C of larger B wave.
Wave C up has not confirmed its over but I'll be looking for TL break and bear flag on lower TF to confirm more downside to come. A break of the 1.3300 high (yellow line) will negate this setup
I will only be looking for Buys if the 1.3300 top gets broken
If you would like to see more trade setups like this, hit the follow button, If you like my analysis, hit the thumbs up so others get the chance to see this potential setup.
Comment:
M15 Tl break in wave C, sell bear flages
Comment:
GU if your short, you should be at be
Comment:
TP hit, look for longs
