Last week we saw continuation to the upside. Then a fakeout to break the structure to the upside which corresponded with an strong impulse to the downside.
Now, I think we may finally get the correction we have been waiting for.
What I am looking for now is a corrective structure back up to 1.408 area. Depending on price action, I will look for for this area as a potential sell zone to take the price with an impulse down to 1.38 area.
Remember, price action is key and the most important thing to follow as things can change at any moment.
Let me know your thoughts.
Trade Safe!
HEET
Now, I think we may finally get the correction we have been waiting for.
What I am looking for now is a corrective structure back up to 1.408 area. Depending on price action, I will look for for this area as a potential sell zone to take the price with an impulse down to 1.38 area.
Remember, price action is key and the most important thing to follow as things can change at any moment.
Let me know your thoughts.
Trade Safe!
HEET
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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.