Monthly has started a retracement leg and touched 38 fib
There needs to be a correction move either to the upside or to the downside on the lower timeframe to suggest a change in trend, until then its continuing down
On H4 there are a series of HH and HL, this could be a retracement leg of minor impulse wave on LTF
I have outlined both opportunities on the chart as trading is REACTIVE not PREDICTIVE
There needs to be a correction move either to the upside or to the downside on the lower timeframe to suggest a change in trend, until then its continuing down
On H4 there are a series of HH and HL, this could be a retracement leg of minor impulse wave on LTF
I have outlined both opportunities on the chart as trading is REACTIVE not PREDICTIVE