HELLO TRADERS,
It is likely that we have completed the regular flat correction there in the middle and now we are headed up to complete the bigger 1-2-3 move.
Look out for a rejection at the trend line above because once it reaches there it can fall back down and start making a more complex correction, which means that the the impulse to break the 1.1474 zone has still not started and we are still in a more prolonged correction!
We will have to re-evaluate price action as the price moves along. Stay tuned!
Check out some of my other ideas posted under 'related ideas' down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!
It is likely that we have completed the regular flat correction there in the middle and now we are headed up to complete the bigger 1-2-3 move.
Look out for a rejection at the trend line above because once it reaches there it can fall back down and start making a more complex correction, which means that the the impulse to break the 1.1474 zone has still not started and we are still in a more prolonged correction!
We will have to re-evaluate price action as the price moves along. Stay tuned!
Check out some of my other ideas posted under 'related ideas' down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!
