Set to pick up some credits before the advance - short on wave iii of (c) down. SL at top of i.
All set for medium term shorts from 0.6182 retracement of wave (i). SL at invalidation of upper channel line.
Sell at completion of corrective wave iv for better R/R.
Working on wave (c) of correction 4, now retracing on minor iv, potentially forming an ED of (c).
A major impulse wave C red in the making. Now on wave (i) of {v}. A better R/R long setup at completion of wave (ii) in the coming weeks.
An expanding Ending Diagonal wave (c) in the making, completing wave {iv} before advancing on corrective rally of {v}. Buy limit 1.0970, SL at invalidation bottom of {ii}.
Working on minor wave (ii) correction before resuming downtrend of 5th wave (5). Longer term weekly view:
Working down on wave i of a major wave (c) of (iv). Immediate term retracement on wave ii before resume trend down on iii.
Confirming completion of correction iv, and rallying at the beginning of impulse wave v on 3hr. chart.
Completing the last leg of c down of wave (b) towards 0.6860.
Setting up for a decline minor wave c, being the last leg of a larger ending diagonal (c) white of {iv}.
Declining on a 3 waves corrective wave (v) of expanding ending diagonal.
Confirming downtrend on impulse wave iii of 5th wave (5). Immediate term retracement of wave (ii) before resuming dn trend on (iii).
Preparing for a much deeper retracement of wave iv, being part of an impulse wave up.
Complex corrective wave (b) in progress - sideline until (b) completes, and sell from the top on impulse (c) dn. Longer term view :
Selling now on the last leg {v} of the larger ending diagonal (c), target at least 72.80. Longer term view :
With the completion of corrective wave iv and impulse wave {i} & {ii} down, now is the good time and price to sell on the the 3rd wave dn. Tight SL at break of upper channel line and final target near 1.4550.