Hello Traders
My expectation has been an up impulse to 1.035 at the minimum and it remains valid but because of the new low, my forecast has become a bigger correction before that upward impulse. As far as I can see, it's making a running flat and the current drop is the B wave in it and based on what we have so far, the last bottom can be the end of Y. After this point, it will either make X or C. In the case of X, I'll hedge my trade, otherwise, I'll book my profit around 1.0000. Now, I'm waiting for a small correction to place a pending order above the lower degree reversal impulse.
For more details and the daily updates please watch my daily analysis videos on Youtube.
For twice as many trade setups and many more benefits, join the trading group.
For some extra content and other good stuff, please visit my webpage.
All links can be found in the signature section up above.
Trade with care.
Bulent
My expectation has been an up impulse to 1.035 at the minimum and it remains valid but because of the new low, my forecast has become a bigger correction before that upward impulse. As far as I can see, it's making a running flat and the current drop is the B wave in it and based on what we have so far, the last bottom can be the end of Y. After this point, it will either make X or C. In the case of X, I'll hedge my trade, otherwise, I'll book my profit around 1.0000. Now, I'm waiting for a small correction to place a pending order above the lower degree reversal impulse.
For more details and the daily updates please watch my daily analysis videos on Youtube.
For twice as many trade setups and many more benefits, join the trading group.
For some extra content and other good stuff, please visit my webpage.
All links can be found in the signature section up above.
Trade with care.
Bulent