We are currently inside the third impulse of the big correction as of now, and looking to break (0.808 - 0.800) range. That level is where I expect to see a strong bounce and rebound back up to the trend line at least.
After that we will have to re-evaluate the price action to see whether or not we are completely reversing back to the upside or we are just making a bigger correction for more down side action.
Check out some of my other ideas down below. If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below. Don’t forget to like & follow, I will be posting forecasts & trade setups on a regular basis!
Thank you, Good luck
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I thought we would get a more prolonged correction before we continue heading down but it looks like that isn't happening. For now we just continue the sell off !