USDMXN long term crazy idea

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With the big picture I see a corrective structure which I assume as a 4 wave because of its horizontal movement. In this case we are about to finish the 5 wave and should be expecting a corrective movement at least to the 38 fib which matches with 4 of the previews movement. If the corrective wave that I label 4 is instead a 2 wave then we should be expecting also a quick zig zag 4 correction because of the alternation principle. This would mean a less degree correction but yet a deep one. Lets see what happens.

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.