will re evaluate if invalidation area is breached as you can see top line being the invalidation level. To re assess structure and supply and demand levels.
good position to hold to test your patience in these markets.
here recently we have a seen a impulsive move on GU, now wave theory has been a very powerful tool if applied correctly to strict guidelines. Of course anything can happen in these markets is never for certain. But, if this here hold and plays out, then we have ourselves a good swing... Good Luck to everyone trading the pound this month, we are witnessing...
This is the first time I trade any pair involving the swiss franc. Couldn't help but notice the 3 wave ABC correction up to a point of interest in the structure expecting to have a reaction from this area. I will personally be eyeing the zones I have selected as potential targets. Will see how everything plays out given the news that we have coming out this week....