This pair have been in a huge corrective structure for 10 years
Currently it seems to be making wave E to the top of the structure but of course it may make a large correction before reaching the top.
The E wave shape also backs up the strong possibility of a correction within it.
Conclusively we should be watching carefully for any break down of the current E wave
Given that we are looking at a weekly chart any move down will be huge on a daily scale
All forecasts will be updated as they develop - remember to follow to receive them.
Always wait for an entry set up before risking your money.
This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome
Good luck Steve
Currently it seems to be making wave E to the top of the structure but of course it may make a large correction before reaching the top.
The E wave shape also backs up the strong possibility of a correction within it.
Conclusively we should be watching carefully for any break down of the current E wave
Given that we are looking at a weekly chart any move down will be huge on a daily scale
All forecasts will be updated as they develop - remember to follow to receive them.
Always wait for an entry set up before risking your money.
This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome
Good luck Steve
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Twitter: twitter.com/logicfxtrading
Facebook: facebook.com/logicfxtrading
Telegram: t.me/logicfxfreetrades
Flipboard Magazine: tinyurl.com/yazs9szc
Facebook: facebook.com/logicfxtrading
Telegram: t.me/logicfxfreetrades
Flipboard Magazine: tinyurl.com/yazs9szc
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.