We got a Leading Diagonal for wave 1 and a Flat correction for wave 2. If that's the case, this move higher is wave ((i)) of higher degree wave 3 and the corrective wave ((ii)) might be in place as it turned at the 61.8% retracement. We should therefore expect wave 3 to develop in a 5 wave move to the upside. The count gets negated if price moves below wave ((i)) low.
*** Trade Setup ***
* Entry : now or on pullback. * Stop : last low or wave ((i)) low. * Target 1: 1.3540 ** Target 2 : 1.3710
Комментарий
⋅
Price moving up +70pips already Moving Stop to Break-even