This is an update for my previous chart:
As expected we moved higher above the 1.50 level and completed a zig-zag correction.
This correction was preceded by a complex double zig-zag wave (A).
Now we have got a possible leading diagonal wave a (or 1) that this market
is currently correcting in what looks like a zig-zag formation.
We have got bullish RSI divergence as well as a bullish engulfing pattern
which are indicating that we should see more gains in the sessions ahead.
New lows below 1.367 are expected as the 1.533 level stays intact.
Disclaimer: traderwgun.com/?page_id=26
Twitter: twitter.com/atliveanner
Tradingview: tradingview.com/u/traderWgun/
Mail: traderwgun1gmail.com
Good luck!
As expected we moved higher above the 1.50 level and completed a zig-zag correction.
This correction was preceded by a complex double zig-zag wave (A).
Now we have got a possible leading diagonal wave a (or 1) that this market
is currently correcting in what looks like a zig-zag formation.
We have got bullish RSI divergence as well as a bullish engulfing pattern
which are indicating that we should see more gains in the sessions ahead.
New lows below 1.367 are expected as the 1.533 level stays intact.
Disclaimer: traderwgun.com/?page_id=26
Twitter: twitter.com/atliveanner
Tradingview: tradingview.com/u/traderWgun/
Mail: traderwgun1gmail.com
Good luck!
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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.
Related publications
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.