on wave C
Started correction after 12345
Currently on C wave?
Correction - ABC
long up to 127% before impulse down??
Short around 1.75??
possible break or one more move down
Hopefully C has not completed and we can still get involved.
Ignore this one till, GB really weak and very possible there is still more down move there's room.
Possible C is completed now, looking for a move to the previous swing high.
Seems like NZD could possibly be weak, wait to see.
Wait to see what happens near low trend line. See if you can catch a move up.
GBP - very weak at the moment possible this will keep going down for another week.
Set pending order-
Watch target 1.
Looking or another move down with a breakout, if it breaks out of structure, invalidate trade.
Pending order set.
setting pending order -
1:1 not ideal but short trade. Long term view - potential 68.714.
4 wave still intact. Wait for completion and look for a sell set-up.
Possible ABC - possible C is looking to get completed.
Thinking still in 3rd wave, ignoring until a mini bear trend.
Maybe end of correction
Hoping for at least one more move down.
Check Weekly, uptrend.
2nd wave end!
Seems like a complex structure.
Possible correction of wave 3
Wave 2 seemed more aggressive