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CycleWave is the top author sharing trade ideas based on EW analysis since last four months on the global stocks, currency pairs, cryptos, future indices and commodities.
UNIUSD - It is in ABC correction from major top, where A and B wave seems completed. and it is in C wave down where 3rd of 3rd down is in progress, so sell it in smaller bounce upto 4.78-4.86 with stops above 4.96 for target below 3.60 or even lower. It is possible that it can go higher to extend 2nd subwave correction. but stay as per plan for sell trade set up.
CycleWave is the top author sharing trade ideas based on EW analysis since last four months on the global stocks, currency pairs, cryptos, future indices and commodities.
UNIUSD - It is in ABC correction from major top, where A and B wave seems completed. and it is in C wave down where 3rd of 3rd down is in progress, so sell it in smaller bounce upto 4.78-4.86 with stops above 4.96 for target below 3.60 or even lower. It is possible that it can go higher to extend 2nd subwave correction. but stay as per plan for sell trade set up.