Green: Main waves and the bigger picture.
Blue: Small waves inside of the bigger trend, both are pointing to the short position.
Red lines act as support and resistance creating a channel.
(Catching wave 3 on both waves)
Hoping a short down to at least 1.3305 which would be a 1.618 extension of the blue wave 1. Also a possibility down to 1.3000 which is a 1.618 extension of the green wave 1.
Blue: Small waves inside of the bigger trend, both are pointing to the short position.
Red lines act as support and resistance creating a channel.
(Catching wave 3 on both waves)
Hoping a short down to at least 1.3305 which would be a 1.618 extension of the blue wave 1. Also a possibility down to 1.3000 which is a 1.618 extension of the green wave 1.
Note
Put Sl to break even!
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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.
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.