As we see in the "ending diagonal scenario" the current situation fits more than perfect. We are now in the wave 2 of the new impulsive mega cycle wave up! Wave 2 have the characteristics that we are currently seeing now, violent corrections of previous move,wave 1. The only condition is reversal at current levels and then fast move up above 7500.
I know might sounds little bit crazy for now, but keep this scenario for now, until new lows happen and devalidate it...Like and comment below!
I know might sounds little bit crazy for now, but keep this scenario for now, until new lows happen and devalidate it...Like and comment below!
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Ex-bank prop trader,23+yrs experience trading FX and Fixed income. Semi-retired now trading for the fun. Join our YouTube youtube.com/c/Tradingmarkets
Ex-bank prop trader,23+yrs experience trading FX and Fixed income. Semi-retired now trading for the fun. Join our YouTube youtube.com/c/Tradingmarkets