My last entry on this pair was back in June 30th, 2014. After RSI divergence and a broken trend line, we waited for a pull back and got in @ 0.8890. Three successful targets were hit during trade.
Now I can see the formation of a ending diagonal triangle (wave 5). My next possible entry could be at the end of minor wave 4 (if trend line supports) and then again somewhere around the 0.9900 level after wave 5 gets defined. Note Divergence again on RSI on a daily basis.
Now I can see the formation of a ending diagonal triangle (wave 5). My next possible entry could be at the end of minor wave 4 (if trend line supports) and then again somewhere around the 0.9900 level after wave 5 gets defined. Note Divergence again on RSI on a daily basis.