As per the previous projection(Link below) Price did react at 38.2 retrace, however the pair formed a correction pattern and stopped me out at Break Even.
Break out downwards with an impulse pattern indicates that another wave is unfolding to complete the Wave 4.
Break out downwards with an impulse pattern indicates that another wave is unfolding to complete the Wave 4.
Trade closed manually
Not able to get a clear direction for this pair. Closing this trade manually and stepping aside for a clear pattern with good risk reward ratio.
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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.