Last movement looks like an expanded flat: the move from 1.1833 to 1.167 is made by a sequence of three waves impulse - correction - impulse. Having surpassed the previous low, the best way to look at this three wave sequence is as a B wave of an expanded flat.
So we are at the end of wave C of this flat: trend should rapidly change and bring the cross under the 1.1670 low.
It is still unclear where this expanded flat is in the bigger picture; but it looks likely it is a wave 4.
So short with an ideal stop at 1.1865 (maybe higher if the bigger picture is a B wave and not w4), target below 1.1670.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.