Still some room in the North? Who knows... But the final upward move is seemingly corrective, which means we should expect a downward 5th wave or another zigzag to form the Y.
Too early to say anything but I imagine a bat pattern after Y, at the completion of which some big players will be involved to the proposed fiber rally at around 1.07.
UPDATE:
If the level 1.086 is reached through a corrective structure, I will close the position. If the decline is determined, sharp and swift, then I will close half of my position. For details, you may see the discussion below.
UPDATE:
The downward action has proved to be corrective. AibekB's call was just in time. So, if you managed to benefit from this correction, you may enjoy the skyrocket I talked about here:
RESULT:
+90 pips in 20 hours.
Too early to say anything but I imagine a bat pattern after Y, at the completion of which some big players will be involved to the proposed fiber rally at around 1.07.
UPDATE:
If the level 1.086 is reached through a corrective structure, I will close the position. If the decline is determined, sharp and swift, then I will close half of my position. For details, you may see the discussion below.
UPDATE:
The downward action has proved to be corrective. AibekB's call was just in time. So, if you managed to benefit from this correction, you may enjoy the skyrocket I talked about here:
RESULT:
+90 pips in 20 hours.