The price is in congestion upper a big dinamic support area born on may 2020.
If it break this support could be good possibilities for a short with target 0,72 in other case the price will be go to 0,82 final target of my elliott analisys.
If there will be a short, probably we are on final wave C of correction of main structure -> In this case will be completed a big H&S figure ... started from 2020 december with a big profit ratio.
I will attend the break and hope an retest of support area.
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This is my real operativity and I posted only for educational scope .
If you like my analysis, click on like button
If you have comment posted below for open discussion
If it break this support could be good possibilities for a short with target 0,72 in other case the price will be go to 0,82 final target of my elliott analisys.
If there will be a short, probably we are on final wave C of correction of main structure -> In this case will be completed a big H&S figure ... started from 2020 december with a big profit ratio.
I will attend the break and hope an retest of support area.
----------------------------------------------------------------------------------------------
This is my real operativity and I posted only for educational scope .
If you like my analysis, click on like button
If you have comment posted below for open discussion
Trade closed: target reached
T1 closeTrade closed: target reached
after the pull back .. touch also T2 .. and probably there will be a short continuationTrade closed manually
before NFP i closed all position near T2. Now we will attend monday to understard the next market move
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.