For my previous posts and context see below:
This pair is still in a consolidation by means of a corrective combination which might be close to its end or make a last attempt to test 1.2550. Nevertheless the 1 hour time frame will give us the first warning when the reversal is taking place.
The current leg lower seems corrective but this might very well be the first corrective leg of a 3 wave move lower to test 1.2550. Therefore I will be focusing on the reversal to determine whether that will be an impulse of lesser degree or a wave B consolidation of minor degree.
Updates will follow.
timstuyts.com
facebook.com/timstuyts
youtube.com/watch?v=HvmWTm4fcl8
This pair is still in a consolidation by means of a corrective combination which might be close to its end or make a last attempt to test 1.2550. Nevertheless the 1 hour time frame will give us the first warning when the reversal is taking place.
The current leg lower seems corrective but this might very well be the first corrective leg of a 3 wave move lower to test 1.2550. Therefore I will be focusing on the reversal to determine whether that will be an impulse of lesser degree or a wave B consolidation of minor degree.
Updates will follow.
timstuyts.com
facebook.com/timstuyts
youtube.com/watch?v=HvmWTm4fcl8
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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.
Publikasi terkait
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.