There could be a possible end of impulsiv wave A/1
We have some divergence in RSI, wave three was extended
wave 1 could be equal wave 5
see chart - expecting some correction to orange box
weekly overbought, monthly down!
here fits all: price, time, divergence
but always remember: It's just probability
I think correction ended finaly. If we take the measured move from the first impuls (left) it will end at 1.65, so there will be some chances to enter trade if you not in.
Have good trades!
waiting for break out
Check out the long time prognosis 3 month ago. Look for reversal in green areas!
there could be a triangle developping
this should be the last part of the big ABC correction.
I expect the breakout to the south and a continuation of the big downmove
My Plan to enter the train :)
Expecting one more little down, then up.
Looking for shorts at ca. 48
Blue: wxyxz, correction not ready (strong supply at 1,27 not reached
Orange: Correction ready (abc)