Trader_Venetian

Trader_Venetian

Expecting 5th Wave of C leg of correction to be on Tuesday around 1.1053 I anticipate it to continue untill friday and finish around 1.0725 Second week of June:If the red line at the top is broken a steep EW can be expected.

Trader_Venetian

See RSI: short for the short term. reposition if you want to go against trend as long till 1.098 watch and see what happens at 1.098

Trader_Venetian

update of former chart

Trader_Venetian

demand lines are getting broken. a retracement wave started. long positions will exit at the channel of next demand line.

Trader_Venetian

This is not a suggestion for investment. I intend to wait for 1.12 before going short. Although I expect this upwards retracement to continue until 1.22