Another look at a currency pair from then to now.
I have a suggested wave count as
1. Primary C wave
2. Intermediate 4th wave
3. Minor C wave
This minor c wave is playing out, and in the hourly chart , it may be possible for a 4th subwave to complete between 1.27 and 1.618 extension of the minute ab correction = 135.50 - 136.00.
So for next week , maybe price makes it way to the 136 level. From there I would be looking at some form of reversal , which would be confirmed with a break of 134 and then I would be short . ( to 132 and then 130).
I have a suggested wave count as
1. Primary C wave
2. Intermediate 4th wave
3. Minor C wave
This minor c wave is playing out, and in the hourly chart , it may be possible for a 4th subwave to complete between 1.27 and 1.618 extension of the minute ab correction = 135.50 - 136.00.
So for next week , maybe price makes it way to the 136 level. From there I would be looking at some form of reversal , which would be confirmed with a break of 134 and then I would be short . ( to 132 and then 130).