The impulse wave seems to be completed, and a corrective wave going to take place. Even US explains low inflation and is expected to continue, FED insists on keeping interest rates and strong USD. Short trade with 4 RR looks fine enough to be traded.
Trade closed: target reached
Not in the purple area but C may be completed, also, it may take the form of a triangleNote
Looks like a triangle and already made the bottomNote
:))
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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.