Corrective structure unfolds, once completed, expect motive wave upwards to price levels 15.11733 and 15.25885 respectively.
By Testing the bearish TL and bounce downwards, a Triangle formation shall be developed then.
The R:R ratio in the two targets are 4:1 and 6:1 respectively.
Stay tuned and I will update any confirmed change of the structure!
By Testing the bearish TL and bounce downwards, a Triangle formation shall be developed then.
The R:R ratio in the two targets are 4:1 and 6:1 respectively.
Stay tuned and I will update any confirmed change of the structure!
Comment:
Structure has been changed .. I managed it to be a break even in this trade, and take it short, up move is coming anyways!
