ffidan

ffidan Updated 

Ecpecting a major correction at the top of the second channel. Also overlaps a 5th subwave of an impulsive wave.

ffidan

Firstly a 2618 formation is settled with a retracement of Fib 0.618 after a double top. So we can short here with a target of 1.15300. If the price reaches there, a potential mini H&S will be occured and a big one as well. Then the first target (from the mini H&S) will be 1.14300 and the second target (from the big H&S) will be 1.3300. Have fun.