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.
註釋
In addition, the moves after the November 27 US early closure are the moves made by the algo without liquidity.
註釋
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.