Dear Colleagues, I think that the price is completing wave 1 of the higher order. I expect a deep correction of wave 2. The first target is the support area at 148.265.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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Perhaps the price will renew the high, but from now on I consider only short positions.
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Last week there was a good opportunity to take profits in the 148.551 area, but then the price showed a sharp rise. I assume that after reaching the area of 148.865 it is worth either to transfer the deal to breakeven or to close a part of positions.
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