Still in C-Wave As always, don't against the trend. Good to Long when the price hit the "thumb" area.
Invalidate Idea: When price close above "B". Strategy: Be patient SL: Below purple line TP: Red Line
Comments
Ranothil
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Hey! nice setup. what do you think of a longer term hold for this pair?
Predictindex
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@Ranothil, It's hard to understand your definition of long term trade.But under the current situation, we need to see what Trump is up to in order to determine USD's future trend.
Ranothil
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@Predictindex, Do you still think its going to get that low, cause I don't see any way for a reversal now; broke the daily falling wedge.
Predictindex
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@Ranothil, watch the red line. If you are buying in now, you are chasing the price