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CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.
XLMUSD - It is within complex WXY correction, where 5th of c of Y wave may start soon to end the full correction and thereafter it probably start moving down either in correction or downtrend. So wait for that move to complete along with bearish divergence, which probably good sell set up for next down degree.
Give thumbs up if you really like the trade idea.
CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.
XLMUSD - It is within complex WXY correction, where 5th of c of Y wave may start soon to end the full correction and thereafter it probably start moving down either in correction or downtrend. So wait for that move to complete along with bearish divergence, which probably good sell set up for next down degree.
Give thumbs up if you really like the trade idea.