We are looking for Sells next week in this pair and we will take profit or move our stops as soon as it completes the structure.If its a sharp move down we will keep moving our stops and ride the whole wave.Make sure you risk small on this pair it has tendency to move fast in small span of time when its ready.
Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.
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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...
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