HELLO DEAR TRADERS & WELCOME BACK TO GROWING FOREX,
FIRSTLY STARTING WITH FUNDAMENTALS YOU GUYS KNOW THAT THE US DATA ARE CURRENTLY STRONG & THE FED'S WILL RATHER RISE THE INTEREST RATES SOON AS THERE IS 90% CHANCE TO HIKE RATES IN MARCH.TODAY JANNET YELLEN'S SPEECH CAN POSSIBLY BOAST THE US ECONOMY & MANY MORE MACROECONOMIC ACTIVITIES.
SECONDLY WITH TECHNICAL YOU GUYS KNOW I'M VERY FOND OF ELLIOTT WAVES, YOU GUYS CAN HAVE A LOOK AT THE SCENARIO IN THE CHART,IT'S COMPLETELY VISIBLE.PRICE LOOKING TO COMPLETE ITS WAVE NUMBER 3 & THEN REVERSING TO 1.0510 LEVEL FROM THERE PRICE WILL LIKELY COMPLETE ITS 5TH & FINAL WAVE OF CORRECTION TO 1.0465.
ENTRY AT 1.0523. ,1.0510.
T/P 1.0495,1.0484,1.0465.
FIRSTLY STARTING WITH FUNDAMENTALS YOU GUYS KNOW THAT THE US DATA ARE CURRENTLY STRONG & THE FED'S WILL RATHER RISE THE INTEREST RATES SOON AS THERE IS 90% CHANCE TO HIKE RATES IN MARCH.TODAY JANNET YELLEN'S SPEECH CAN POSSIBLY BOAST THE US ECONOMY & MANY MORE MACROECONOMIC ACTIVITIES.
SECONDLY WITH TECHNICAL YOU GUYS KNOW I'M VERY FOND OF ELLIOTT WAVES, YOU GUYS CAN HAVE A LOOK AT THE SCENARIO IN THE CHART,IT'S COMPLETELY VISIBLE.PRICE LOOKING TO COMPLETE ITS WAVE NUMBER 3 & THEN REVERSING TO 1.0510 LEVEL FROM THERE PRICE WILL LIKELY COMPLETE ITS 5TH & FINAL WAVE OF CORRECTION TO 1.0465.
ENTRY AT 1.0523. ,1.0510.
T/P 1.0495,1.0484,1.0465.
