this corrective pattern looks like a double combination.
Momentum is shifting from down to upside.
i will buy if it breaks above d wave of triangle.
Momentum is shifting from down to upside.
i will buy if it breaks above d wave of triangle.
評論:
this pair didn't act as I expected. but now its making a deeper correction. I anticipate another wave to downside for a flat type of correction and then an impulsive wave as wave 5 to upside
評論:
below is another scenario for this pair. structurally it may be in the wave 5 right now. so at this point there is no trade setup, we have to wait and see how price acts on that level.
評論:
although the scenario of one more wave to down for flat is preferable
評論:
Im waiting for this corrective pattern to end to join wave 3 of impulse
