Waiting for abc correction before selling
Going for a new low - be ready See our monthly and 1 hourly analysis for the entry and the bigger picture
Monthly view, within a descending channel = bullish implication. But, still waiting for wave 5 to complete.
5 wave impulse down, wait for the correction up before entering short. Also a head and shoulder possible and we like we neckline slope... Target for the new wave 3 will be between 1.0580 and 1.0520 127.2% and 161.8% retracement of wave 1
Bullish Bat, trading the leg CD down before entering long
Wave 2 completed, target 2 equal legs up (minimum target)
Going short here, invalidation level on a daily close basis
in line with the us dollar index - inside bars at wave 4 completion Going Long