Based on Elliott Wave Analysis,
Monthly Timeframe:
Ending Wave C in Wave 4 (est. -650pips).
Wave is a a flat correction. Hence, Wave C would have a 5-wave correction.
Daily Timeframe:
Completed an internal 5 wave structure of wave 1 and completing its flat correction (wave 2), to start the long wave 3.
Short-term long to 0.90
Short-term short to 0.86466
Long term short bias.
Monthly Timeframe:
Ending Wave C in Wave 4 (est. -650pips).
Wave is a a flat correction. Hence, Wave C would have a 5-wave correction.
Daily Timeframe:
Completed an internal 5 wave structure of wave 1 and completing its flat correction (wave 2), to start the long wave 3.
Short-term long to 0.90
Short-term short to 0.86466
Long term short bias.
Trade closed: target reached
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.
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.