Chart has just established the 3-wave peak and we can expect the 4-wave correction to settle in the white zone between USD 0.05884-USD0.06100 corresponding to the 0.386 and 0.618 Fibonacci Retracement as a good completion of the C-wave of the correction zone.
The Risk to Reward Ratio is ABOUT 11-15 MAX
Buy signal also can be confirmed after the chart has touched the 100-period moving average or very likely touching the 200-period moving average for a strong 5-wave impulse up to the 1.272 Trend-based Fib Extension in a 5-wave jagged move in less than 12 hours! Stop Loss set at USD 0.0570-USD 0.0580.
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