What is shown here is - corrective move in seven swings that did not stop at 2.0 extension. Previous trend has not completed, wave 5 is pending. So if this correction is to continue - next swing count is 11, which would take us pass 1.24 level (more like 1.4 area) which does not fit the main count. So my bet is - short here. GL
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Fri.18 Aug 2017Note
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Update on most recent EURUSD positionsALL but ONE (1) LONG positions closed on 29/08/17 @1.206. TP2 set for 1.245
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Recommendation - trim EURUSD, EURJPY long and USDJPY short
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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.