Looks like the Top is in place.
A break outside the channel confirms the top in place and more weakness to come.
Look for a break below 96 for more evidence of a bearish continuation.
In that case we should be in wave (C) therefore expecting price to be a motive wave (impulse or diagonal)
A break outside the channel confirms the top in place and more weakness to come.
Look for a break below 96 for more evidence of a bearish continuation.
In that case we should be in wave (C) therefore expecting price to be a motive wave (impulse or diagonal)
Note
Looks like a Triangle in wave (Y) of ((B)).In that case price should not go beyond wave A high at 97.70
Note
Join me on Telegramt.me/em16trading
Note
I will post my ideas here for easier access t.me/em16public
Note
This alternate count suggests some more temporary strenght in USD before it falling hard.
Disclaimer
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.
Disclaimer
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.