Hi traders,
We have seen manipulative moves on this pair for the past 2 weeks.
This was not due to the strength of the EURO but to the weakness of the DXY.
The current Wolfe Formation has completed its 5-wave move and will start a 2-week sale with a possible Bull Trap.
We have seen manipulative moves on this pair for the past 2 weeks.
This was not due to the strength of the EURO but to the weakness of the DXY.
The current Wolfe Formation has completed its 5-wave move and will start a 2-week sale with a possible Bull Trap.
Komen:
In addition, the moves after the November 27 US early closure are the moves made by the algo without liquidity.
Komen:
I forgot to add, after a trap overflowing outside the 5-wave Wolfe Channel, the sale can begin with Bearish candles forming inward. When the first target 1.190 is broken, we should only wait to reach the target profit ratio 1 - 4 line to 1.17650.
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