Shooting star warning that a major cycle has ended
This market made a new high were it reached 1.272 fibonacci extension.
Now it's making a shooting star pattern on the weekly chart.
The EW count suggests that market has completed (or still in)
a complex correction. This market could do a wave XX and make another
three-leged move upwards before starting the move down.
But either way, it should retrace the move from .76 in atleast 3 waves.
Follow all my demo trades at www.myfxbook.com/mem.../tlkemmy/demo/854232
and follow me on twitter for intra-day updates twitter.com/atliveanner
Make sure you take a look below for some short term charts.
Good luck!
Now it's making a shooting star pattern on the weekly chart.
The EW count suggests that market has completed (or still in)
a complex correction. This market could do a wave XX and make another
three-leged move upwards before starting the move down.
But either way, it should retrace the move from .76 in atleast 3 waves.
Follow all my demo trades at www.myfxbook.com/mem.../tlkemmy/demo/854232
and follow me on twitter for intra-day updates twitter.com/atliveanner
Make sure you take a look below for some short term charts.
Good luck!
