Short term long, getting ready for an even better short entry
Following the completion of an ending diagonal pattern, we see a five way decline, currently reaching the end of wave 5.
In the chart I show two possible scenarios regarding the extension or not of said impulse.
Scenario 1 is the one I favor, which would agree with the rule of alternation between waves 2 and 4, but scenario 2 is also possible.
Either way, we're looking at a steady Euro decline from here till the end of the year.
In the chart I show two possible scenarios regarding the extension or not of said impulse.
Scenario 1 is the one I favor, which would agree with the rule of alternation between waves 2 and 4, but scenario 2 is also possible.
Either way, we're looking at a steady Euro decline from here till the end of the year.
Trading ditutup: target tercapai
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ivanlabrie.substack.com/
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Pernyataan Penyangkalan
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.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Pernyataan Penyangkalan
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.