Simple trend by using Elliot Wave and trend Structure of Lower low & Higher Low. I will be additional idea if the price will deny this possibility
Note
Note
So the No. 4 LH and Previous LH which is Elliot No. 2 has about 212 pip difference, and some how price might be still going up, and Elliot point No. 4 will be higher(not breaking No.2) , and if price falls afterwards. this main idea might be works outNote
Point No.4 has reach it's new higher high, might be going up closing point No.2 to closer gap in pips. USD might going higher on this weekNote
Price hit, the possible fakeout price lvl. might see another higher point of lower Lower High on point No. 4. (might be happening today/next week)
Note
2 May 2020 update this idea was a little bit of offset, where price stacks up higher than I was expected, so here is a new one.
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.