i personally think that the price should hit 1.05750-1.05000 before it goes up to 1.15000
so here is my idea: this massive upward movement is a wave C of a flat correction.
this c takes form of a motive wave (impulse), it's a trap for e.w trader that will assume that this is the new trend upward
so here is my idea: this massive upward movement is a wave C of a flat correction.
this c takes form of a motive wave (impulse), it's a trap for e.w trader that will assume that this is the new trend upward
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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.