Aggressive Shot At The Top ???
The proposed wave count on this 15 min chart is
derived from the Dly count of EWI and the 8hr chart
of EWSurfer and points to a potential top in the 101.30.40 area.
Should this only be the start of another extension the risk seems
low to find out. Picking tops is rarely a smart trade, but ~~~~
This one seems to be coming together rather nicely, so,
a low risk attempt seems possible.
If the candlesticks do not help or the RSI
does not diverge, as it should in a v th wave, I'll stand aside.
derived from the Dly count of EWI and the 8hr chart
of EWSurfer and points to a potential top in the 101.30.40 area.
Should this only be the start of another extension the risk seems
low to find out. Picking tops is rarely a smart trade, but ~~~~
This one seems to be coming together rather nicely, so,
a low risk attempt seems possible.
If the candlesticks do not help or the RSI
does not diverge, as it should in a v th wave, I'll stand aside.