Hi Traders my current trend bias is short on this pair,we are currently on our way to completing the 4th wave so we could expect price to either bounce from the current price or it could spike higher on the 61.8 fib retracement which lines up with my counter trend TP on a shorter TF.once we see price reject and follow through to the down side we could expect setting our entries after a bearish engulfing or any bearish signs..my SL would be place above the low of wave 1 Take Profit is projected at the 161 fib extension with expectation on a short target of the 100 fib or an extension of 200 fib and beyond, best thing is to watch price.
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Trade closed: target reached
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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.