Recent up move based on my analysis is just wave B in what I relive is developing ZigZag. If B wave retraces less than 0.61fib than we will see ZigZag, If more, than probably we will see flat correction. But, as mentioned, I believe ZigZag is more possible outcome.
As addition, these out break was on very low daily volume, meaning that it is low probability to be justified as sustainable in the future. Personally, i believe the pair will go and do one more LL.
Please leave you comment and wish you good trading.
As addition, these out break was on very low daily volume, meaning that it is low probability to be justified as sustainable in the future. Personally, i believe the pair will go and do one more LL.
Please leave you comment and wish you good trading.
