TomProTrader

#USDPHP-Update: Target hit, Expecting More Downside Here! #Forex

FX_IDC:USDPHP   U.S. Dollar / Philippine peso
118 5 10
Traders,

UPDATE: We hit a 3 wave cyclic target recently. Where we took profits. We are now jumping into continuation here and expecting some further downside.

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Tom

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Hi Tom. Thanks for another great call. Now, regarding that a Measured Move Target is hit, Others wud us that as a signal to change gear, and press on the long accelerator. Why do u see more shorts here? I wud appreciate your explantion. Thanks ma guy!
+1 Reply
TomProTrader PRO moorekapital
Had a bull pull back, which was weak. Now we are seeing clear bearish follow through into the lows, exceeding the aforementioned target.
+6 Reply
moorekapital TomProTrader
Fantastic! I didnt pay attention to that details. Thanks
+1 Reply
moorekapital moorekapital
I dont have Phillipines Currency on my charts, but I appreciate the analysis here
+1 Reply
moorekapital moorekapital
Others wud use*.............
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