I speculate top is placed and if it is not yet, from here I do not expect much higher without retracing a bit..
I see 3 possible structures:
1st is with inverted correction
2nd, Pink Edition, is with 5th of ED and this one is most dangerous to the upside
3rd, Red One, is with 3rd ED in final stage, possible is not done, maybe 20-30 pips could occure but time is not at it´s side, must drop to confirm 1st soon or lower line of channel will be to close and structure will not be able to complete as needed..
This whole structure I expect to be bF, so can go very high, or not..
God trading!
I see 3 possible structures:
1st is with inverted correction
2nd, Pink Edition, is with 5th of ED and this one is most dangerous to the upside
3rd, Red One, is with 3rd ED in final stage, possible is not done, maybe 20-30 pips could occure but time is not at it´s side, must drop to confirm 1st soon or lower line of channel will be to close and structure will not be able to complete as needed..
This whole structure I expect to be bF, so can go very high, or not..
God trading!
